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]

Aegon, the Dutch financial services group, has ended talks with Royal & Sun Alliance about buying the UK group’s life assurance and investment management operation for more than £1bn. There are no cur... [more]

Morgan Grenfell Private Equity is preparing an auction of Coral Eurobet in the first quarter of next year after sale talks fell through over price. The group was originally acquired from Ladbroke Gro... [more]

Senior has sold two industrial businesses to Tyco of the US for GBP1.6m, and is now looking to sell a further six businesses... [more]

NTL has put its transmission unit up for sale. The debt-laden cable TV and telephony group has had an offer from the BBC for part of the unit - the satellite uploading division, but it is thought NTL ... [more]

Fenner is to acquire the Enerka conveyor belt business of Luxembourg-based Unipoly for £47m, in order to become the world's largest supplier of heavyweight belts... [more]

Prudential is to acquire YoungPoong Life, the South Korean insurance company, from Korea Zinc for £20m... [more]

Alba is to acquire Pulse Home Products, the owner of the Breville Europe domestic appliances brand, from the Baxi Group for £12m... [more]

Vp, the equipment outsourcing specialist, has acquired the assets and goodwill of the shoring business of Mechplant from the Shepherd Building Group for £3.1m... [more]

Oyez Straker, the office supplies group, is being put up for sale by Bridgepoint Capital, the private-equity house. Bridgepoint is believed to be seeking offers in the region of £80m-£90m for the busi... [more]

Marks and Spencer’s has announced a deal to sell 18 stores in France to Galeries Lafayette, the department store group. However, it still has to find a buyer for its Belgian stores.... [more]