Compass has completed the £41m acquisition of three catering companies from the parent of Swissair - Restorama, Rail Gourmet and parts of Gourmet Nova.... [more]

Balfour Beatty has acquired the rail electrification business of ABB for £25m, which includes 350 staff and operations in Italy, Greece, the Netherlands and the UK.... [more]

Up to 20 potential buyers have expressed an interest in acquiring Boosey & Hawkes, the music publisher and instrument maker. Possible buyers include EMI, BMG, and Universal Music International, part o... [more]

It seems that major rivals have shunned the chance to buy Whitbread's Pelican restaurants, including Cafe Rouge, which were put on the market last month. The lack of interest has been put down to the ... [more]

Global Crossing, the worldwide communications group which acquired Racal Telecom in 1999 for £1bn, has put the UK business up for sale for up to £500m. Potential buyers include Lattice, the gas networ... [more]

Diageo has been forced by regulators to sell its rum brand Malibu in an auction where the brand could fetch up to £700m. Favourites to buy Malibu are Allied Domecq and Remy Cointreau as well as old pa... [more]

Pneumatic Conveying Systems, the Stockport-based manufacturer of vacuum conveying equipment, has been acquired by K-Tron of the US.... [more]

SATRA Technology Centre has acquired Hampden Test Equipment, the manufacturer of abrasion test machines and ozone cabinets with annual turnover of £2m.... [more]

WSP Group has acquired LT Consultants, the Finnish infrastructure and transport consultancy with 100 staff.... [more]

Unilever has sold Unipath, the Bedford-based women's health diagnostics business with 500 staff, to Inverness Medical Innovations of the US for £103m.... [more]

Barlo Group has sold its Irish polypropylene strapping business to ITW Ireland for about £3m, in order to focus on the development of its Sealcon dairy container business.... [more]

Grampian Country Foods has acquired Golden Foods International, the Thailand-based chicken products manufacturer, from Wessanen for undisclosed terms, in order to gain a foothold in Asia.... [more]

TNT Retail Express has acquired Bleckmann Group, the Dutch supplier of transport and warehousing for the fashion industry with 815 staff, as part of a strategy to expand into continental Europe.... [more]

Marconi has sold its Gilbarco petrol pump business to Danaher of the US for £225m, and is now planning to sell its 50% stake in the Hotpoint domestic appliances business to Merloni of Italy for £130m.... [more]

Mice is to acquire Expocentric, the developer of 3D computer presentation models, for £26m.... [more]

Morgan Sindall has acquired Pipeline Constructors of Corby for £16m, in order to expand its utility services business.... [more]

Citigroup, the world's biggest financial conglomerate, plans to raise billions of dollars by spinning off its Travelers Property Casualty insurance unit, valued at £11.1bn last year. The group wishes ... [more]

Kvaerner E&C Manufacturing Division, part of Kvaerner plc, is being sold in this month's edition of the Business Sale Report. The current turnover of the group is £15m. See inside for more details. ... [more]

Lambert Howarth has acquired Natural Selection International, the Spanish supplier of homeware products to the retail market, for £1m.... [more]

Alphyra is to sell the Disposal Group to Calyx for about £7m, and the proceeds will be used to extend its terminal network across a number of European markets.... [more]