Flamgard Engineering of Pontypool has undergone a management buy-out, securing the future of 21 jobs.... [more]

Pipeway,the Sussex-based utility contractor with 450 staff, has undergone a management buy-out from Bouygues.... [more]

Le Meridien's international hotel business has been put up for sale following a breakdown in restructuring talks between Lehman Brothers, one of the group's largest lenders, and Hyatt, the US hotel ch... [more]

Citigroup has emerged as a third bidder for Koram Bank, the South Korean lender being sold by the private equity group Carlyle and JP Morgan. People close to the situation said the US company would vi... [more]

Troubled gaming group Wembley has received a number of bid approaches which could lead to it being broken up.The company, which no longer owns the eponymous football stadium, said that while it was co... [more]

The owners of MG Rover have said they would be willing to use the company's property assets to shore up the car business if it fell into financial difficulties. The directors of Phoenix Venture Holdin... [more]

CVC Capital Partners, the private equity group, is close to appointing bankers to advise on a possible sale, merger or flotation of Halfords, the car parts and bicycle retailer. The company is underst... [more]

Having survived a difficult 12 months in the media spotlight, National Grid's immediate task is to get a good price for its eight regional gas networks, which were put up for sale last week.... [more]

Nedcor, the South African bank, is planning to sell Chiswell Associates, the London-based fund manager that specialises in charities, following a strategic review. It is rumoured that the company has... [more]

Misys has sold its UK-based back office software products business to a management buy-out backed by Primary Capital, and the new company will have 150 staff at offices in London, Birmingham and Nantw... [more]

CeNes Pharmaceuticals has acquired TheraSci, the developer of drugs for the central nervous system, for up to £3.7m.... [more]

Brady Corporation of the US has acquired BIG, the Ipswich-based online business card provider with annual sales of £5m, for undisclosed terms.... [more]

Securistyle, the Cheltenham-based manufacturer of window hinges and other hardware with 334 staff, has undergone a £35m management buy-out backed by Kleinwort Capital.... [more]

Norwich & Peterborough Insurance Brokers has acquired TS Reeder & Sons, the Cromer-based general insurance firm.... [more]

Duke Street Capital has acquired Accantia, the Birmingham-based toiletries manufacturer, from ABN Amro Capital for £225m.... [more]

East Surrey Holdings is to acquire full ownership of Phoenix Natural Gas, the Belfast-based gas distributor, for £178m.... [more]

Avon Rubber has sold Avon Spencer Moulton, the French manufacturer of rubber tracks for construction equipment, to Nova Participations for £3.2m.... [more]

J&J Haslett, the Northern Ireland-based wholesaler with 470 staff, is to undergo a management buy-out from BWG.... [more]

GVA Grimley has acquired Second London Wall, the London-based project management firm with 20 staff, for undisclosed terms.... [more]

Sovereign Capital has acquired DC leisure Management, the operator of more than 100 local authority leisure centres with 6800 staff, for £14m.... [more]