Holiday Inns, the hotel group, has confirmed that the Six Continents pubs arm is to be put up for sale, potentially fetching £2.5bn. Buyers will be attracted by the division's brands which include All... [more]

New Star Asset Management has made an informal approach to Aberdeen Asset Management to gauge the Scottish investment company's interest in selling part of its businesses portfolio. ... [more]

Alldays, the convenience store chain is reportedly having secret discussions with a rival to sell the business. The company, with its 600 stores, is valued at approximately £200m.... [more]

Lattice Group is considering the sale of its division Fulcrum connections, consisting of some 850 gas men, before it merges with National Grid.... [more]

Mytravel, the UK tour operator formerly known as Airtours, will announce a series of disposals alongside its trading update. Disposals could raise the group up to £150m. ... [more]

Bertelsmann is to dispose of Bertelsmann Springer, its academic publishing and journals business. Merrill Lynch will distribute information on Bertelsmann assets to potential buyers at the end of Octo... [more]

First-round bids are being submitted for Midlands Electricity, the distribution company owned by US energy group Aquila, and valued at £1.2bn. Midlands was put up for sale three months ago.... [more]

Aberdeen Steak Houses is in crisis talks with banks and may be seeking to close or sell its loss-making restaurant sites, located mainly in prime West End locations. ... [more]

Alphyra is to sell ITG Payphones (Ireland) to Smart Telecom for £1.4m, in order to focus on the development of its pan-European electronic transaction strategy.... [more]

Clearex Plastics, the County Durham-based injection moulding company, has been bought out of administration by Formould for undisclosed terms, saving 23 jobs.... [more]

KooGa, the sports goods company, has been bought out of administration by the Kettner Group for £0.6m.... [more]

Dowding & Mills, the engineering group has announced plans to sell its US and Australian businesses to cut debt, and concentrate on the core UK business. Earlier this year the group admitted that it h... [more]

RODS UK, the Tamworth-based manufacturer of automotive oils with ten staff and annual turnover of £1.6m, has undergone a management buy-out for undisclosed terms.... [more]

Online Travel Corporation has acquired All-Hotels, the Edinburgh-based online hotel booking company with 25 staff, for £1.4m.... [more]

GWR is to acquire the remaining 50% of London News Radio and will then sell the whole business on to Chrysalis for £23m.... [more]

Gladedale has acquired Tulloch Homes, the Glasgow-based housing business with 50 staff, from Tulloch for about £50m.... [more]

The formal auction process has started for the sale of Adams, the chewing gum and pharmaceutical foods business of US pharmaceuticals group Pfizer. Amongst the number of prospective buyers is believe... [more]

Lattice, the British gas pipeline network operator, has received a number of non-binding bids for its 186k telecommunications business. The broadband telecommunications operation was put up for sale w... [more]

Old Monk has sold nine London-based pubs to Puzzle Pub Company for £3.5m, in order to reduce debt.... [more]

Greene King is to sell 37 pubs to Punch Taverns for £6.8m, enabling Punch to strengthen its business in the south-east.... [more]