Acquisitions News | division sale | june | 2003

Sun, 29 Jun 2003: Invensys has put its US-based metering business up for sale with a price tag of $850m. The engineering group has appointed Bank of America to work on ...
[more: Invensys has put its US-based metering b...]

Fri, 27 Jun 2003: Norsk Hydro, the Norwegian energy, metals and fertilizer group, has said it will divest itself of its fertilizer business in the first half of next ye...
[more: Norsk Hydro, the Norwegian energy, metal...]

Fri, 27 Jun 2003: Virtue Broadcasting has sold its Virtue Media Services division to Interoute Communications for £0.8m, as part of a strategy to focus on the cor...
[more: Virtue Broadcasting has sold its Virtue ...]

Thu, 26 Jun 2003: Recent rumours of a possible sale of Swiss Life (UK) to global reinsurer, Swiss Re, have been denied by the managing director. Swiss Life UK was put u...
[more: Recent rumours of a possible sale of Swi...]

Mon, 23 Jun 2003: Trinity Mirror, the newspaper publisher, is considering the sale of its regional newspapers in Northern Ireland in the first phase of its restructuri...
[more: Trinity Mirror, the newspaper publisher,...]

Mon, 23 Jun 2003: SSL International has selected a shortlist of potential purchasers for its wound care business, part of its struggling medical division that may fetch...
[more: SSL International has selected a shortli...]

Fri, 20 Jun 2003: Heywood Williams has sold Creation Group, the US manufacturer of aluminium parts for recreational vehicles, to Dura Automotive Systems for £36m...
[more: Heywood Williams has sold Creation Group...]

Wed, 18 Jun 2003: IQ-Ludorum has sold its Strategic Software Solutions software development subsidiary in India and its 2DB software consulting division in the UK to Af...
[more: IQ-Ludorum has sold its Strategic Softwa...]

Tue, 17 Jun 2003: Avesco has sold Creative Technology Outside Broadcast to NMT Outside Broadcast for up to £1.3m...
[more: Avesco has sold Creative Technology Outs...]

Mon, 16 Jun 2003: Zurich Financial Services is planning to sell Threadneedle Asset Management to American Express for £340m, enabling Amex to expand its London-ba...
[more: Zurich Financial Services is planning to...]

Mon, 16 Jun 2003: Holders Technology is to sell its 81% stake in its Justfone telecoms services subsidiary to a private investor for up to £0.5m...
[more: Holders Technology is to sell its 81% st...]

Fri, 13 Jun 2003: Tilney is to acquire SG Investment Management, the former Strauss Turnbull private client business with funds under management of £700m, from SG...
[more: Tilney is to acquire SG Investment Manag...]

Thu, 12 Jun 2003: Royal Bank of Scotland is to acquire Churchill Insurance from Credit Suisse for £1.2bn, which will involve the merger of Churchill with its Dire...
[more: Royal Bank of Scotland is to acquire Chu...]

Thu, 12 Jun 2003: Highbury House Communications, which publishes Fast Car magazine and Real Homes, said that it was in talks to sell some of its business-to-business ti...
[more: Highbury House Communications, which pub...]

Wed, 11 Jun 2003: JD Wetherspoon has sold 17 pubs to The Laurel Pub Company for £10m, taking Laurel's estate to 643...
[more: JD Wetherspoon has sold 17 pubs to The L...]

Tue, 10 Jun 2003: Stagecoach has sold its Citybus business in Hong Kong to New World First Bus Services for £176m...
[more: Stagecoach has sold its Citybus business...]

Tue, 10 Jun 2003: Royal & Sun Alliance has sold its Royal Specialty Underwriting business in the US to Alleghany Insurance for £72m, while its Puerto Rican su...
[more: Royal & Sun Alliance has sold its Royal ...]

Tue, 10 Jun 2003: Tarsus Group is to sell its Exhibition Bulletin magazine to Mash Media Group for £1.1m...
[more: Tarsus Group is to sell its Exhibition B...]

Mon, 09 Jun 2003: Stagecoach has agreed to sell the west and south-central regions of Coach USA to merchant bank Kohlberg & Co for £93m...
[more: Stagecoach has agreed to sell the west a...]

Mon, 09 Jun 2003: Benfield Motor Group has acquired the former Arriva Toyota car dealership in Wakefield, and will retain all 37 staff...
[more: Benfield Motor Group has acquired the fo...]

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Division Sale Acquisitions News: June 2003