Division Sale Acquisitions News: November 2003

Fri, 28 Nov 2003: Hays will initially raise £102m by selling part of its logistics business to the US venture capital group Platinum Equity. It expects to raise a...
[more: Hays will initially raise £102m by sell...]

Thu, 27 Nov 2003: Madisons has sold its chain of 27 coffee bars to Out of Town Group for an initial £2.2m, in order to focus on its Richoux restaurant format....
[more: Madisons has sold its chain of 27 coffee...]

Thu, 27 Nov 2003: Hays has sold most of its logistics business to Platinum Equity of the US for £102m, and is now looking to sell its mail division and the remain...
[more: Hays has sold most of its logistics busi...]

Thu, 27 Nov 2003: The British Broadcasting Corporation has unveiled plans to sell its BBC Technology arm as part of an effort to save up to 30 million pounds a year. W...
[more: The British Broadcasting Corporation has...]

Tue, 25 Nov 2003: Nedcor, the South African bank, is planning to sell Chiswell Associates, the London-based fund manager that specialises in charities, following a str...
[more: Nedcor, the South African bank, is plann...]

Tue, 25 Nov 2003: CVC Capital Partners, the private equity group, is close to appointing bankers to advise on a possible sale, merger or flotation of Halfords, the car parts and bicycle retailer. The company is understood to have spoken to a number of advisers, including Deutsche Bank and Merrill Lynch. The decision will take the retail sector by surprise as it comes just 16 months after the private equity group acquired the firm from Boots for £...
[more: CVC Capital Partners, the private equity...]

Tue, 25 Nov 2003: The owners of MG Rover have said they would be willing to use the company's property assets to shore up the car business if it fell into financia...
[more: The owners of MG Rover have said they wo...]

Tue, 25 Nov 2003: Troubled gaming group Wembley has received a number of bid approaches which could lead to it being broken up.The company, which no longer owns the epo...
[more: Troubled gaming group Wembley has receiv...]

Mon, 24 Nov 2003: Avon Rubber has sold Avon Spencer Moulton, the French manufacturer of rubber tracks for construction equipment, to Nova Participations for £3.2m...
[more: Avon Rubber has sold Avon Spencer Moulto...]

Mon, 24 Nov 2003: Duke Street Capital has acquired Accantia, the Birmingham-based toiletries manufacturer, from ABN Amro Capital for £225m....
[more: Duke Street Capital has acquired Accanti...]

Fri, 21 Nov 2003: Tesco is to sell its 121 Supercigs and Supernews retail outlets to Rippleglen, while Rippleglen is planning to relocate its own Birmingham headquarter...
[more: Tesco is to sell its 121 Supercigs and S...]

Fri, 21 Nov 2003: Tesco is to sell its 121 Supercigs and Supernews retail outlets to Rippleglen, while Rippleglen is planning to relocate its own Birmingham headquarter...
[more: Tesco is to sell its 121 Supercigs and S...]

Thu, 20 Nov 2003: MSB International has acquired the IT recruitment contracts of Kent-based Leading Edge Recruitment for up to £0.5m....
[more: MSB International has acquired the IT re...]

Thu, 20 Nov 2003: Capital Radio has acquired two Choice FM radio stations in London, in a £12m deal that involves buying the remaining 81% of Tainside....
[more: Capital Radio has acquired two Choice FM...]

Thu, 20 Nov 2003: MSB International has acquired the IT recruitment contracts of Kent-based Leading Edge Recruitment for up to £0.5m....
[more: MSB International has acquired the IT re...]

Thu, 20 Nov 2003: Capital Radio has acquired two Choice FM radio stations in London, in a £12m deal that involves buying the remaining 81% of Tainside....
[more: Capital Radio has acquired two Choice FM...]

Wed, 19 Nov 2003: Eclipse Translations has acquired the former in-house translation department of ICI for undisclosed terms, and is also planning to increase its intern...
[more: Eclipse Translations has acquired the fo...]

Wed, 19 Nov 2003: Park Group is to acquire the North East and North West operations of Mirfield Financial Services for £2.3m, in order to add about 9000 new custo...
[more: Park Group is to acquire the North East ...]

Wed, 19 Nov 2003: Eclipse Translations has acquired the former in-house translation department of ICI for undisclosed terms, and is also planning to increase its intern...
[more: Eclipse Translations has acquired the fo...]

Wed, 19 Nov 2003: Park Group is to acquire the North East and North West operations of Mirfield Financial Services for £2.3m, in order to add about 9,000 new cust...
[more: Park Group is to acquire the North East ...]