Division Sale Acquisitions News: August 2003

Thu, 14 Aug 2003: Asda, the supermarket chain owned by Walmart, has told the competition commission it would be willing to sell 100 of Safeway's largest stores if ...
[more: Asda, the supermarket chain owned by Wal...]

Thu, 14 Aug 2003: Corus plans to sell the bulk of its north American business after several years of disappointing profits from the region. The lossmaking Anglo-Dutch steelmaker plans to offload its North American distribution business by the first quarter of next year in order to help reduce debt and finance the group's UK restructu...
[more: Corus plans to sell the bulk of its nort...]

Wed, 13 Aug 2003: Rolls-Royce has acquired the electrical controls business of VT Group for £11m, in order to offer integrated power solutions....
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Wed, 13 Aug 2003: Martindales has sold its building services and Alphingdale Controls divisions to Integral for undisclosed terms, securing the future of 170 jobs....
[more: Martindales has sold its building servic...]

Tue, 12 Aug 2003: Johnson Service has sold Connacht Court Group, the operator of Johnson's textile rental business in Ireland, to National Linen for £15m....
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Mon, 11 Aug 2003: Vodafone is to acquire Singlepoint, the mobile phone services subsidiary of Caudwell, for £405m....
[more: Vodafone is to acquire Singlepoint, the ...]

Mon, 11 Aug 2003: Northgate Information Solutions has acquired Hays Consulting & Solutions for £5.5m, and will close the Hays office in Milton Keynes with the...
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Sun, 10 Aug 2003: Swedish private equity group EQT is believed to be in discussions with a number of interested parties regarding a sale of the group's European fr...
[more: Swedish private equity group EQT is beli...]

Fri, 08 Aug 2003: Bodycote International has acquired five laboratories in the United Arab Emirates and Oman from Carillion for £1.3m, in order to expand its mate...
[more: Bodycote International has acquired five...]

Thu, 07 Aug 2003: Alcan Packaging has decided to find a buyer for its UK packaging company Fibrenyle. The decision is part of a plan by Alcan to sell its non-core businesses. Fibrenyle's customers include household names such as Lever Fabergé, Sara Lee Household & Body Care and Unilever. The firm employs 620 staff at four sites. Its products include blow moulded bottles and containers, and injection moulded clos...
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Wed, 06 Aug 2003: Ambrosia, the company famed for its tinned rice pudding and custard, is to be sold off by its owners - because it is too English. The food giant Unile...
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Wed, 06 Aug 2003: Clarity Commerce Solutions has acquired Pacer CATS, the supplier of software solutions to the cinema market, from Ticketmaster for about £2m...
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Tue, 05 Aug 2003: Torex has expanded its healthcare software business with the £1.4m acquisition of the operating theatre and anaesthesia systems business of Civi...
[more: Torex has expanded its healthcare softwa...]

Tue, 05 Aug 2003: National Grid Transco (NGT) is seeking to dispose of its eight gas pipeline netorks in a bid to raise up to £5 billion. NGT has appointed Morgan...
[more: National Grid Transco (NGT) is seeking t...]

Mon, 04 Aug 2003: AWG, the parent company of Anglian Water, has yet to find a buyer for Anglian Water International. One of its executive directors is understood to ha...
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Fri, 01 Aug 2003: Brit Insurance has sold Peoples Choice Europe, the telesales personal lines insurance broker, to Hastings Insurance Services for £7.2m...
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Fri, 01 Aug 2003: Centrica has agreed to sell the Goldfish credit card and personal loans business to Lloyds TSB in a £112m deal...
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Fri, 01 Aug 2003: Global Group, the meat company that last year lost a quarter of its sales when Burger King switched suppliers, is to sell its meat trading division an...
[more: Global Group, the meat company that last...]

Fri, 01 Aug 2003: Trinity Mirror is under pressure to carry out a radical overhaul of its operations. This could be the sale of its national newspaper the Daily Mirror...
[more: Trinity Mirror is under pressure to carr...]

Fri, 01 Aug 2003: Cooksons shares have risen as the ceramics and electronics group reduced first half losses and signalled it was prepared to sell its heavily lossmakin...
[more: Cooksons shares have risen as the cerami...]