Club Med is to make more non-core asset disposals, due to financial difficulties. The company owns more than 100 holiday villages.... [more]

Odeon cinemas is to be sold by private equity group Cinven. The chain is the largest in the UK and has an estimated asking price of £450m.... [more]

AOL Time Warner is seeking a sale or merger of its music division, Warner Music. The company's other non-core assets that it may consider selling include Maverick Records, Atlanta Braves baseball team... [more]

Tom Cobleigh, the pub chain, has received bids from two rival groups Laurel Pub Company and Spirit Group, estimated at £100m.... [more]

Ryanair has acquired the Bu, budget airline from KLM for £16m, and is also looking to buy an additional 100 Boeing aircraft.... [more]

Barclays has acquired the European retail stockbroking business of Charles Schwab for a nominal sum, which will result in the closure of offices in Birmingham and Milton Keynes.... [more]

BP has agreed to sell the Fosroc Mining chemicals division of Burmah Castrol, including 13 manufacturing sites in seven countries, to a management buy-out backed by Close Brothers Private Equity for £... [more]

Peterhouse has acquired Digital Surveys, the Newcastle-based provider of survey and data services to the rail and water sectors, for £0.4m.... [more]

Z-Finishing, the Cheshire-based print finishing company, has been bought out of receivership by a new company called Z-Card, saving most of the 156 jobs.... [more]

Cirrus Technologies, the Redditch-based car industry service company with 100 staff, has undergone a management buy-out for undisclosed terms.... [more]

Hays, the business services group, is considering the sale of its logistics operations, valued at between £250m and £400m. It could signal the break-up of the group.... [more]

Wallace Arnold, the coach tours business, may be sold by 3i. It has been approached by several interested parties. The business reportedly carries a price tag of more than £60m.... [more]

Planit Holdings has acquired Lignatec, the developer of stair manufacturing software, for £0.3m.... [more]

John Fredericks Plastics has acquired S&J Marketing, the Northampton-based conservatory roof manufacturer, for £3m.... [more]

Wolseley has acquired four companies in the US and Canada for £37m, including three heating, plumbing and valve businesses and a lumber business.... [more]

Suez, the French utility, is exploring the sale of Northubrian Water in what could be the company's first large asset divestment under its debt reduction plan. Suez hopes to raise £2-2.6bn from the sa... [more]

Cosalt, the industrial services and leisure products group, hinted that its loss making lighting division may be for sale. Operating losses at Cosalt Lighting rose to £160,000 in 2002 and sales droppe... [more]

Gaskell is to sell its tile division, including sites in Lancashire and London, to Low & Bonar for £17m, while its carpet factory in Kidderminster is expected to close with the loss of 70 jobs.... [more]

DCC has acquired Shannon Environmental Services, the Irish waste chemical treatment company, for about £4m.... [more]

The London Stock Exchange has acquired Proquote, the Cheshire-based supplier of online trading and market information software, for £13m.... [more]