Lloyd's insurer Alleghany Underwriting is up for sale at around £20m. The sale follows losses made by its parent group, Alleghany Corporation, of $39m in the fourth quarter last year. Interested parti... [more]

Big Beat Group, owner of Home, the London nightclub, went into receivership last month. The group will continue trading while the receiver, KPMG, looks for a buyer. First Leisure, the nightclub compan... [more]

BAT, the giant tobacco company, has called in Goldman Sachs, the investment bank, to conduct a strategic review into its Formula 1 motor racing team. The review will look at all options including the ... [more]

Lloyds TSB could be forced to sell Cheltenham & Gloucester, its mortgage subsidiary, if its £19bn bid for Abbey National is found to be against the public interest by the competition watchdog. The Com... [more]

Marconi, the telecommunications manufacturer, is understood to be looking to sell its medical systems division, following a restructuring of the group. Possible bidders include Philips, the Dutch elec... [more]

Workspace, the £160m company which lets business units to small companies, is considering the sale of a quarter of its business and refocus on London and the South East. It is believed to be in negoti... [more]

General Healthcare, Britain's largest private hospital owner, has put up its private-hospital group, Community Hospitals, for auction at a value of £230m. The Swedish healthcare group, Capio, has emer... [more]

Computer seller, Action Computer Supplies, is expected to name Old Mutual Securities as its broker amid speculation over a possible bid for the group. The company confirmed last month that it had rece... [more]

NHP, the nursing homes group, has rejected a bid for about 20 properties from a group of investors backed by Jeremy Davies, the company's founder and director. A sale of NHP's underperforming properti... [more]

Bright Station, the internet technology group, is considering a break up. Businesses in the group include Smartlogik, Sparza and Office Shopper. It is believed that a break up would make Smartlogik's ... [more]

Rexam, the paper and packaging group, is looking to sell its building and engineering division following the successful disposal of Rexam Decorative Specialities International, the last remaining busi... [more]

Past Times, the shop chain that sells gifts, has gone into administration with debts of more than £4m. Berley Chartered Accountants, appointed administrative receivers, said Past Times had ordered mor... [more]

BBA has put its materials technology division up for sale in a deal that is expected to raise more than £1bn and enable the group to focus on its fast growing aviation services business. The move will... [more]