Acquisitions News: October 2009

Fri, 30 Oct 2009: Scottish football club Clach has gone into administration, after facing council court action over debts of £200,000. The administrators were not...
[more: Scottish football club Clach has gone in...]

Fri, 30 Oct 2009: Hinchingbrooke Hospital, the 369-bed NHS district general hospital with accident and emergency, and maternity facilities is being offered for a takeover by the private sector....
[more: Hinchingbrooke Hospital, the 369-bed NHS...]

Thu, 29 Oct 2009: Plastic Engineering, the Leamington-based injection moulder with 100 staff, has been bought out of administration by Urbis Canalside....
[more: Plastic Engineering, the Leamington-base...]

Thu, 29 Oct 2009: Bell & Bain, the Glasgow-based academic book printing firm with 90 staff, is to be sold by Prime Active Capital to a management team for £2....
[more: Bell & Bain, the Glasgow-based academic ...]

Thu, 29 Oct 2009: Wickman Group of Coventry has bought the precision engineering product line of Tangi-Flow out of administration for undisclosed terms....
[more: Wickman Group of Coventry has bought the...]

Thu, 29 Oct 2009: AFH Wealth Management has acquired Insync Financial Planning from the West Bromwich Building Society for undisclosed terms....
[more: AFH Wealth Management has acquired Insyn...]

Thu, 29 Oct 2009: Inta Group, one of the largest golf tour operators in the UK and owner of the Bill Goff Golf Tours, is being prepared to enter administration after ceasing to trade....
[more: Inta Group, one of the largest golf tour...]

Thu, 29 Oct 2009: Haulier business JDF Logistics has been placed into administration after suffering from cashflow problems....
[more: Haulier business JDF Logistics has been ...]

Wed, 28 Oct 2009: Computacenter has sold CCD, its trade distribution division with 40 staff, to Ingram Micro for undisclosed terms....
[more: Computacenter has sold CCD, its trade di...]

Wed, 28 Oct 2009: First Derivatives of Newry has acquired RDF, the US data management software firm, for up to £6.1m....
[more: First Derivatives of Newry has acquired ...]

Wed, 28 Oct 2009: ScanSafe, the London-based internet security company, is to be acquired by Cisco Systems for up to £112m....
[more: ScanSafe, the London-based internet secu...]

Wed, 28 Oct 2009: Plans for Northern Rock to be split into a "good" and "bad" bank have been approved by the European Commission, the Government is to go ahead with the sale befor...
[more: Plans for Northern Rock to be split into...]

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 ...]

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: 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: 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: 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: 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: 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: 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...]