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]

BP is to sell two US refineries in North Dakota and Utah to Tesoro Petroleum in a £480m deal that also includes pipelines storage and 45 service stations... [more]

BP is to acquire Veba Oil and the Aral chain of service stations from Eon in exchange for its 25% stake in Ruhrgas which will make BP the leading petrol retailer in Germany... [more]

BG is to sell its natural gas storage business to Dynegy of the US for £421m which will involve the transfer of 260 employees and a processing terminal at Easington... [more]

Royal Doulton has sold its Caithness Glass glassware subsidiary to Royal Worcester & Spode for £6.1m... [more]

BP is to sell two Burmah Castrol chemical businesses - Foseco in the West Midlands and Chem-Trend in the US - to Cinven for £240m... [more]

Protherics is selling its computer-aided molecular design business to Tularik of the US for £6.7m... [more]

Hunting has sold its Hunting Engineering defence contracting division to ABN Amro and a management team for £42m and the business will be renamed Insys... [more]

Hercules Property Services is to acquire Mainguild the franchised residential auction house of the Winkworth estate agency for up to £0.5m... [more]

Royal & Sun Alliance has agreed to buy the property and casualty services arm of collapsed Independent Insurance for almost £3m securing 300 jobs... [more]