British Airways is to start its £2bn property disposal. It hopes to raise £200m from the sale of non-operational or inefficient properties. The majority of BA's property is in the UK. ... [more]

Royal & Sun Alliance, the UK based insurance group, is considering selling its 72% stake in Codan, the Danish listed insurer, as part of a plan to raise £800m to take advantage of a surge in insurance... [more]

Prudential is likely to sell its general insurance arm and cut up to 1,000 jobs this month, as part of a three month strategic review. It is expected to fetch £350m-£400m. ... [more]

TXU, Britain's third largest energy supplier, has put its biggest power station up for sale with a price tag of £400m. Scottish Power and Electricite de France are understood to be interested. ... [more]

Coats, the threads and clothing group, is poised to appoint advisors to sell its fashion retail division, which owns the Jaeger and Viyella fashion brands for up to £200m. Jaeger and Viyella operate ... [more]

BT is set to revive proposals for another restructuring, which is expected to result in the sale or demerger of its retail and wholesale arms.... [more]

The Barclay Brothers have signalled that unless a buyer or partner can be found for the Sunday Business then the paper will have to close with losses of £30m. Speculation is also mounting that the tw... [more]

Smiths Group has acquired Bivona Medical Technologies, the US supplier of silicone tubes for medical use, from Saint-Gobain Performance Plastics for £24m... [more]

Prudential is to sell its general insurance business to Winterthur of Switzerland for £353m, and has also announced plans to shed up to 2,100 jobs at sites in London, Reading, Belfast and Stirling... [more]

Geest is to buy three production facilities from the receivers of Lincoln-based chilled food manufacturer Tinsley Foods... [more]

TXU, Britains third largest energy supplier, has put its Nottinghamshire-based power station up for sale at a price of £400m. The 2,000kW coal-fired station is the company's largest and a fierce biddi... [more]

Prudential's new corporate strategy is expected to be presented to the City this week, with a key feature being the proposed sale of its general insurance arm. The division is expected to bring in ar... [more]

After facing break-up calls from shareholders, directors of building materials group Novar are considering offloading its US-based security printing arm, operating mainly through its Clarke American b... [more]

Viridian, the Belfast-based electricity generator and supplier, is reported to have put Open+Direct, its financial services subsidiary, up for sale with a price tag of £100m. It is believed that Credi... [more]

Electric Word has acquired the schools management publishing business of The Stationery Office for a nominal sum... [more]

Interserve has sold its Dudley-based fire protection business to Tyco of the US for £12m... [more]

Scottish & Newcastle has sold 456 leased pubs to Royal Bank of Scotland for £260m, but will continue to manage the properties under fixed- term contracts... [more]

Thus has sold its Interactive Media & Content phone services business to iTouch for £3.5m... [more]

Oystertec has acquired the plumbing division of Delta for £28m, as part of a strategy to develop its own European pipe-fitting distribution network... [more]

The B&Q stores in the UK and Castorama DIY stores in France may be put up for sale by Kingfisher, who are looking to raise £1bn through a sale and leaseback arrangement of the freeholds. ... [more]