Acquisitions News: 2009

Tue, 27 Oct 2009: Web Reservations International has brought in Morgan Stanley to seek a buyer after shelving flotation plans a year and a half ago....
[more: Web Reservations International has broug...]

Tue, 27 Oct 2009: Royal Mail has hired leading architects to assess its £2.5bn property portfolio, with a view to selling off sorting offices and other buildings....
[more: Royal Mail has hired leading architects ...]

Tue, 27 Oct 2009: Bradford & Bingley is looking to split its £50bn balance sheet and identify attractive assets that private buyers would purchase, in a move to repay its £18.4...
[more: Bradford & Bingley is looking to split i...]

Tue, 27 Oct 2009: Arc Capital and Income (ACI), another finance product provider which sold investments backed by Lehman Brothers, has been placed into administration....
[more: Arc Capital and Income (ACI), another fi...]

Tue, 27 Oct 2009: The Glasgow Rangers may be put into administration by Lloyds bank if the football club is not bought within weeks....
[more: The Glasgow Rangers may be put into admi...]

Tue, 27 Oct 2009: Barclays is to acquire Standard Life Bank, the mortgage and savings division of Standard Life with 270 staff in Edinburgh, for £226m....
[more: Barclays is to acquire Standard Life Ban...]

Tue, 27 Oct 2009: Lloyds Banking Group is to sell HBOS Employee Equity Solutions to Computershare for up to £40m, with the transfer of 420 staff in Halifax, Purle...
[more: Lloyds Banking Group is to sell HBOS Emp...]

Tue, 27 Oct 2009: The Fifty casino, a magnet for the rich and famous, has been placed on the market for about £10m. Gaming at the casino has been suspended to avoid difficult trading issues while the owner works out the complicated terms of the sale. Fifty, which is comprised of bars, restaurants, club room and casino, is owned by London Clubs International and Planet Hollywood's Robert Earl. The venue's history dates back to 1827, with early regulars including the Duke of Wellington. More recently the casino has been frequented by Sir Philip Green, retail magnate, and celebrities from the film industry and the City. London Clubs International is owned by US gambling giant Harrah's, and is one of the biggest casino operators in the UK. It also owns The Rendezvous, The Casino at The Empire in Central London...
[more: The Fifty casino, a magnet for the rich ...]

Mon, 26 Oct 2009: Matalan boss Alistair McGeorge has appointed PricewaterhouseCoopers to advise it after receiving several unsolicited approaches by companies, including CVC Capital Partners....
[more: Matalan boss Alistair McGeorge has appoi...]

Mon, 26 Oct 2009: Premier league football club West Ham is believed to have been put up for sale by its owner Icelandic banking consortium CB Holdings. Rothschild and S...
[more: Premier league football club West Ham is...]

Fri, 23 Oct 2009: Hazardous and sensitive goods haulier Strand Transport Services, has been placed in to adminstration....
[more: Hazardous and sensitive goods haulier St...]

Fri, 23 Oct 2009: Cider producing business Devon Cider has gone into administration. Vantis Business Recovery Services are to sell the business as a going concern. No jobs have been lost....
[more: Cider producing business Devon Cider has...]

Thu, 22 Oct 2009: Research Now, the online market research firm, is in discussions to be acquired by e-Rewards of the US for £80m....
[more: Research Now, the online market research...]

Thu, 22 Oct 2009: Regent Inns is to undergo a pre-pack administration through BDO, with the closure of eight Jongleurs and Walkabout bars, the loss of 150 jobs and the ...
[more: Regent Inns is to undergo a pre-pack adm...]

Wed, 21 Oct 2009: BAA has agreed to sell Gatwick Airport to Global Infrastructure Partners for £1.5bn, which could lead to a £900m investment in new facilit...
[more: BAA has agreed to sell Gatwick Airport t...]

Wed, 21 Oct 2009: Milsom Industrial Designs, the Bath-based supplier of technical documents to the engineering sector, has been acquired by the Stockport-based division...
[more: Milsom Industrial Designs, the Bath-base...]

Wed, 21 Oct 2009: Boomerang Plus has acquired Indus Films, the Welsh TV production company, for an initial £1.1m....
[more: Boomerang Plus has acquired Indus Films,...]

Wed, 21 Oct 2009: PSG Solutions has acquired Chalenor Legal Services and Yorkshire Home Inspections for £0.4m, in order to expand its property information service...
[more: PSG Solutions has acquired Chalenor Lega...]

Wed, 21 Oct 2009: Ainsworth & Martin has been bought out of administration by a management team, securing 100 jobs at its haulage operations in Preston and Gloucest...
[more: Ainsworth & Martin has been bought out o...]

Wed, 21 Oct 2009: Rathbone Brothers has acquired part of the private client fund management operations of Lloyds Banking Group for up to £35m, but 40 Lloyds jobs ...
[more: Rathbone Brothers has acquired part of t...]