Division Sale Acquisitions News: September 2003

Mon, 29 Sep 2003: Care UK has acquired a 75% stake in Corvedale Holdings, the Shropshire-based provider of residential and educational children's care services, fo...
[more: Care UK has acquired a 75% stake in Corv...]

Mon, 29 Sep 2003: Dairy Crest has sold its Kidlington-based chilled juice business to Princes for about £11m....
[more: Dairy Crest has sold its Kidlington-base...]

Mon, 29 Sep 2003: Forever Broadcasting has sold the Juice Liverpool radio station to Absolute Radio for £3.1m....
[more: Forever Broadcasting has sold the Juice ...]

Mon, 29 Sep 2003: Industry pundits expect Northern Foods to be pared down over the next 18 to 24 months to three core divisions - chilled ready meals, frozen food and ...
[more: Industry pundits expect Northern Foods ...]

Mon, 29 Sep 2003: Patrick Kron, The chairman and chief executive of troubled French engineering group Alstom, has indicated that he aims to plans to sell the company�...
[more: Patrick Kron, The chairman and chief exe...]

Fri, 26 Sep 2003: Brooklyn Motors has acquired a Toyota dealership in Hereford and a Mazda dealership in Kidderminster....
[more: Brooklyn Motors has acquired a Toyota de...]

Fri, 26 Sep 2003: Ultra Electronics is to acquire the assets of Ocean Systems, the US-based developer of radio frequency devices, from BAe Systems for £6m....
[more: Ultra Electronics is to acquire the asse...]

Fri, 26 Sep 2003: Dreaming of a happy ending, Walt Disney has hired Goldman Sachs to help it sell its troubled chain of Disney Stores in North America and Europe for up...
[more: Dreaming of a happy ending, Walt Disney ...]

Thu, 25 Sep 2003: The Anglo-Australian waste management and pallets company, Brambles Industries, is rumoured to be looking at divesting non-core activities which inclu...
[more: The Anglo-Australian waste management an...]

Thu, 25 Sep 2003: ABBEY National is to begin phasing out its Scottish Mutual and Scottish Provident brands from next year as part of a rebranding exercise which will se...
[more: ABBEY National is to begin phasing out i...]

Wed, 24 Sep 2003: Reuters has announced its intention to sell off its headquarters on Fleet Street, part of an effort by the news and financial information provider to ...
[more: Reuters has announced its intention to s...]

Tue, 23 Sep 2003: Baltimore Technologies has sold its PKI security software operation to beTRUSTed for £5m, leaving Baltimore with just a small customer support b...
[more: Baltimore Technologies has sold its PKI ...]

Tue, 23 Sep 2003: Schlumberger is planning to sell a number of SchlumbergerSema businesses to Atos Origin for about £1bn, including most of its IT operations in t...
[more: Schlumberger is planning to sell a numbe...]

Mon, 22 Sep 2003: David Fabb Holdings' administrators have sold most of its steel processing operations to Revelan Group for undisclosed terms, including Servostee...
[more: David Fabb Holdings' administrators have...]

Mon, 22 Sep 2003: House of Fraser is said to have earmarked several of its stores to be put up for sale. This culling of low-performing sites follows the recent sale o...
[more: House of Fraser is said to have earmarke...]

Mon, 22 Sep 2003: GLAXOSMITHKLINE, the pharmaceuticals giant, has set aside £1 million to sweeten the drawn-out sale of its 500-employee manufacturing facility in Montrose. The money is earmarked for range of back-to-work initiatives for redundant staff. A deal to sell the plant to Akzo Nobel, the Dutch chemicals group, fell through at the end of March this year. Any buyer will be handed a long-term contract to make ingredients for eight GSK products which is enough to sustain 260 s...
[more: GLAXOSMITHKLINE, the pharmaceuticals gia...]

Fri, 19 Sep 2003: BSS Group has acquired Pegler & Louden, the valve distributor with assets valued at £1.9m, from FCX International....
[more: BSS Group has acquired Pegler & Louden, ...]

Fri, 19 Sep 2003: Stagecoach has sold its Coach USA taxi operations in Texas to Texas Taxi for £17m....
[more: Stagecoach has sold its Coach USA taxi o...]

Fri, 19 Sep 2003: Electra Partners Europe, the private equity firm, has put Premium Credit, a former specialist finance unit of HSBC, up for sale in a move that could f...
[more: Electra Partners Europe, the private equ...]

Thu, 18 Sep 2003: Abbey National is to sell its mortgage operation in Italy to Unicredito for £46m, and is also in negotiations to sell a similar business in Fran...
[more: Abbey National is to sell its mortgage o...]