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]

Virgin has agreed to sell its 16 French Megastores to Lagardere Media for £92m and the proceeds will be used to expand its mobile phones and other Virgin operations throughout the world... [more]

Tate & Lyle is to sell its Domino Sugar cane refining business in the US to Refined Sugars of New York for up to £145m... [more]

Daily Mail & General Trust has acquired Metrolina Antiques & Collectibles Fairs of the US from GAH International for £2.8m. ... [more]

Centrica has acquired 129 Halfords garages from Boots for £5.7m and will invest £10m in the sites in order to expand the range of motoring services offered by its AA division... [more]

HMV Media has agreed to hand over the online book retailing operations of Waterstone's to Amazon.co.uk which is expected to lead to the closure of a dedicated fulfilment centre in Bath... [more]

RMC is to sell the Ytong aerated concrete products business in Germany to Franz Haniel for £169m... [more]

Compass has acquired Vendepac the supplier of vending machines from TM Group for £84m... [more]

Enic is to sell its ukbetting.com bookmaking business to a new company called UKbetting for £3m... [more]

HSBC Private Equity has sold Mira Showers the former Caradon division to Kohler of the US for £301m... [more]

William Baird has sold its Baird Corporatewear subsidiary to Rainbow Corporate-wear for £11m in order to focus on womenswear and sportswear... [more]

Gartmore is to sell its passive equity fund management business to State Street Global Advisors for undisclosed terms in order to focus on its high margin active business... [more]