Barclays is reviewing its investment management business, Barclays Global Investors, which could lead to a £3bn plus sale. BGI is the world's biggest operator of tracker funds. Possible bidders could ... [more]

Vosper Thornycroft has acquired TUV FM, the Fareham-based supplier of support services to the Ministry of Defence, for £3.5m.... [more]

CGNU has agreed to sell Plant Safety, its UK in-service inspection business with net assets of £3m, to Bureau Veritas.... [more]

Marconi has sold its optical components business to Bookham Technology in a £20m deal that will give Marconi a 9% stake in Bookham.... [more]

Rexam is to acquire Crown Cork & Seal's beauty pumps business for £75m, funded by a £108m share placing, in order to enhance its US manufacturing capability.... [more]

Aberdeen Asset Management is to acquire Old Mutual's fund management business on the Isle of Man for £36m, in order to gain a foothold in the offshore bond market.... [more]

NTL, the cable company, is close to postponing the sale of its broadcast mast division, following advice that it would be a mistake to sell the cash rich unit at a distressed price. The price on offer... [more]

Fiat is to embark upon a drastic shake up in a bid to cut borrowings and reduce excess capacity. The overhaul will lead to €2bn of disposals, a €1bn rights issue and the issue of €2.2bn of bonds tied ... [more]

Six Continents, the leisure group, is considering a sale or demerger of its retail pubs and restaurants, leaving it to focus on its hotel operations. Six Continents owns more than 2,000 pubs and resta... [more]

French DIY chain Bricorama is looking for an investment bank to advise it on a possible sale, say market sources. This move could enable UK chains such as Homebase and Focus Do It All to expand their ... [more]

TelMe is to sell its travel interests, which include the Seaforths business travel agent and the Global Traveller online operation, to Friezenberg Beheer for £4m.... [more]

Silentnight is planning to sell K Raymakers & Sons, the former Cornwell Parker fabric business, for £2.5m.... [more]

British Airways is considering selling its entire fleet of 767 aircraft which could be worth up to £600m, to help it stem the decline in passenger numbers by focusing on shorter flights. ... [more]

Abbey National has appointed NM Rothschild, the investment bank, to advise it on a sale of its contract hire business after deciding that it was non-core. The move comes one month after Abbey decided ... [more]

ABB, the international engineering group, is understood to be among potential buyers for Powergen's combined heat and power generation business. Innogy, the UK arm of the demerged National Power has a... [more]

Schmidtbank, the 170-year-old German private bank rescued from bankruptcy last month, plans to sell Consors, its online brokerage as soon as possible. Several potential bidders have emerged in recent ... [more]

Ford, the carmaker, is reconsidering its ownership of Kwik-Fit, the UK-based chain of repair shops as part of a radical restructuring. Goldman Sachs has been appointed to explore the options. ... [more]

Taylor Woodrow is close to selling part of the St Katherine's Dock site for £30m. It had previously ended talks with buyers for the site after offers failed to reach its £236m asking price.... [more]

Sir Richard Branson is considering the sale of Kensington Roof Gardens, a London based private night club and restaurant business valued up to £5m. The entrepreneur has received several approaches for... [more]

Pennon Group is to sell its Viridor instrumentation business to Danaher of the US for £103m.... [more]