The founder of restaurant chains Bella Pasta and Pizzaland, Michael Guthrie, is said to be amongst the bidders for a portfolio of 154 Bella Pasta and Cafe Rouge restaurants that Whitbread is selling, ... [more]

BT intends to dispose of its stake in Eutelsat, the satellite operator whose owners also include France Telecom, Lehman Brothers and Deutsche Telekom. BT's 18 per cent stake in the company is said to ... [more]

Intercare has acquired Federa France, the French contract manufacturer of injectable pharmaceuticals with 137 staff, from Fresenius Kabi for £0.6m.... [more]

Leeds Group is to sell Langholm Dyeing and Schofield Cloth Finishers to the UK Dyeing Division management team for £6m, as part of a strategy to transform itself from a textile company to a financial ... [more]

Clan Douglas, the Hawick-based cashmere manufacturer, and sister company Murray Allen of Innerleithen have been sold by Toyoboshi Kogyo of Japan to Birmingham-based investment group Harris Watson for ... [more]

William Baird is to sell its Dannimac raincoats business to Signature Brands of London for £3.1m.... [more]

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

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]

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]

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]

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]

Kalamazoo is to sell its software business to UCS of the US for £14m in order to make up a shortfall in its pension scheme, and the remaining operations are being placed into liquidation.... [more]

Liverpool Victoria is to acquire the administration and investment operations of Hearts of Oak Insurance Group, which has funds under management of £350m.... [more]