Division Sale Acquisitions News: October 2003

Mon, 06 Oct 2003: Airsprung Furniture has sold Sprung Slumber, the Okehampton-based bed manufacturer, to Reylon for £5.4m....
[more: Airsprung Furniture has sold Sprung Slum...]

Mon, 06 Oct 2003: Insurance group Prudential has put its stake in online bank Egg up for sale, it was reported today....
[more: Insurance group Prudential has put its s...]

Mon, 06 Oct 2003: AN POST is to sell off its mobile-phone top-up operations in the UK and Spain in deals that are expected to raise up to €40m. The British subsidi...
[more: AN POST is to sell off its mobile-phone ...]

Mon, 06 Oct 2003: American leisure group Carlson Wagonlit has emerged as a front-runner to buy the bulk of the US businesses put up for sale by troubled UK tour operato...
[more: American leisure group Carlson Wagonlit ...]

Fri, 03 Oct 2003: Reg Vardy has sold an Audi dealership in Leicester to John Fox for GBP 1m and a Vauxhall dealership site in Nottingham to CIS for £10m....
[more: Reg Vardy has sold an Audi dealership in...]

Fri, 03 Oct 2003: Amec has acquired certain assets of Lauren Kamtech, the US provider of construction and maintenance services for pulp, paper and power plants, for &po...
[more: Amec has acquired certain assets of Laur...]

Fri, 03 Oct 2003: Macfarlane has sold its plastics business to Tyco for £48m, as part of a strategy to focus on packaging and distribution, and has also announced...
[more: Macfarlane has sold its plastics busines...]

Fri, 03 Oct 2003: Alphameric has sold its IT logistics business to LIS Online for £0.3m....
[more: Alphameric has sold its IT logistics bus...]

Fri, 03 Oct 2003: WH Smith has insisted it has no plans to sell its news and magazine wholesale distribution arm, despite widespread rumours to the contrary. A spokesman said: "As long as the business adds value to the group, there are no plans to dispose of...
[more: WH Smith has insisted it has no plans to...]

Fri, 03 Oct 2003: Bayer has announced that it planned to sell most of its blood products business, a move that could presage other sales in its drugs division following a fruitless search for a joint venture partner....
[more: Bayer has announced that it planned to s...]

Fri, 03 Oct 2003: RMC, the world's fourth-biggest materials group, yesterday said it had received an "unsolicited approach" for its loss-making German operations from Germany's biggest cement group HeidelbergCement. News of a possible disposal was well received in the City. One analyst said: "If they could sell the business, cash the proceeds and get rid of a big loss-maker, it relieves the...
[more: RMC, the world's fourth-biggest material...]

Thu, 02 Oct 2003: RW Gregory has sold its Maxim facilities management business to the Macro division of Mace....
[more: RW Gregory has sold its Maxim facilities...]

Thu, 02 Oct 2003: South East Water has been sold by Bouygues of France to Macquarie Bank of Australia for £386m, and Macquarie is now seeking additional investmen...
[more: South East Water has been sold by Bouygu...]

Thu, 02 Oct 2003: ICI Plc's Indian subsidiary is planning to divest its stake in its rubber chemicals and nitrocellulose divisions....
[more: ICI Plc's Indian subsidiary is planning ...]

Thu, 02 Oct 2003: Canadian funeral home group, Alderwoods Group Inc., has agreed to sell its United Kingdom assets as the company continues to shrink. The company said ...
[more: Canadian funeral home group, Alderwoods ...]

Wed, 01 Oct 2003: Walters Hexagon, the fastener supply company with nine UK branches and 270 staff, has been sold by Bridgepoint to Anixter International of the US for ...
[more: Walters Hexagon, the fastener supply com...]

Wed, 01 Oct 2003: Brandon Hire has acquired tool hire depots in Mansfield and Alfreton from Cox Plant for £0.5m....
[more: Brandon Hire has acquired tool hire depo...]

Wed, 01 Oct 2003: Booth Industries has sold its Oakland Elevators subsidiary to Otis for £7.7m....
[more: Booth Industries has sold its Oakland El...]

Wed, 01 Oct 2003: MyTravel has sold its Frosch Touristik division in Germany to RM3366 for a nominal sum, while its Ving and Itaka tour operating companies in Poland ha...
[more: MyTravel has sold its Frosch Touristik d...]

Wed, 01 Oct 2003: Invensys, which makes more than half of its sales in the US, has put two thirds of its business up for sale in a last-ditch attempt to salvage a compa...
[more: Invensys, which makes more than half of ...]