Persimmon, the UK's largest housebuilder, has put subsidiary Torwood Homes up for sale. It acquired Torwood Homes when it purchased Beazer for £537m. Persimmon considers the business, which could be w... [more]

NTL, Britain's largest cable television network, wishes to sell its stakes in British Eurosport, ITN's 24-hour news service, and The Studio, a film channel, in an effort to stem heavy losses from its ... [more]

Codemasters, the computer games business, has announced that it will sell a stake in the company to venture capitalists for £25m following losses. ... [more]

Cannons, the health club chain, is considering a sale of the Harbour Club, London's most fashionable place to work out, which is likely to fetch at least £50m. Mohammed Fayed may be a possible buyer, ... [more]

Northern Electric, the Newcastle upon Tyne based power and gas electric business, has been put up for sale by its US parent, Mid-American Energy Holdings. ... [more]

Hanson, the international building materials group, has put its European bricks business up for sale in a deal that could value the division at up to £500m. Wienerberger of Austria is seen to be an ob... [more]

Taylor Woodrow has put its St Katharine's Dock development in Wapping on the market with a price tag of £250m. Bidders include Catalyst Capital formerly known as Greenwich Group, JHE Roberts, the US f... [more]

Nomura is plotting a £1.3bn sale of the Unique Pub Company, one of Britain's biggest licensed estates, after they launched a strategic review of the operation.... [more]

Pernod Ricard, the French drinks group, has received seven offers for BWG, its Irish and British wholesale distribution business, in a deal which could be worth up to £209m. Potential bidders include ... [more]

Unilever may sell its DiverseyLever commercial cleaning business which could be worth £600m-£750m. Potential bidders could include rival professional cleaners, financial buyers or speciality chemicals... [more]

British Telecommunications is in talks with outside investors over spinning off its internal fraud protection department into an independent company with annual revenues of up to £500m. BT wishes to e... [more]

Diageo, the owner of Burger King is keen to either sell or float the business so it can concentrate on selling alcholic drinks. Burger Kings value has been estimated at $2bn-$3bn. A decision on whet... [more]

Crysalis, the media group, whose internet investments have plunged into the red, is considering disposing of its web businesses. Citipages.com, a listing company and Darkerthanblue.com a music portal... [more]

Diageo and Pernod Ricard are still awaiting final regulatory approval for their Seagram acquisition but have set in train the sale of a number of businesses they will take on. These include Oddbins, ... [more]

Richard Branson has sold two of his companies. Virgin Megastores in France and his personal stake in Virgin One. There is always speculation when Branson sells anything but he is reported to insist th... [more]

Royalblue, the software provider and developer, is selling its 2 non-core information technology businesses to focus on global financial services. The company wishes to capitalise on demand for Fidess... [more]

Alstom, the French transport and power engineering company, plans to divest more activities after selling its electrical contracting unit for more than $673m. The company has said that the sales proce... [more]

Viridian, the Northern Ireland electricity supplier, is loooking at spinning off 2 of its fast growing non-regulated businesses, which account for a quarter of group operating profits. ... [more]