Mears has acquired Scion Group, the Newbury-based building maintenance company, for up to £6m.... [more]

McDonald Yang is to be acquired by shell company Readybuy and floated on Aim, in order to fund the expansion of its range of Yang Sing ready meals.... [more]

Leyland Auto Electrical & Diesel, the supplier of spare parts for commercial vehicles, has undergone a £1.4m management buy-in, saving more than 100 jobs.... [more]

NTL are understood to be restructuring their financing arrangements and as part of this are considering offloading their communications towers business which could fetch as much as £1bn.... [more]

According to reports, US industrial group United Technologies which acquired UK security firm Chubb in June, is contemplating the sale of parts of the Chubb business, possibly including the manned gua... [more]

Science Workshops, the Carmarthenshire-based electrical company, has undergone a management buy-out backed by the Wales Co-operative Centre.... [more]

Mussett Engineering, the Norfolk-based manufacturer of metal and plastic components with 80 staff, is being bought out of a Company Voluntary Arrangement by a group of investors.... [more]

Powrmatic is to buy Selkirks Manufacturing, the Barnstaple-based manufacturer of chimneys and exhausts, out of receivership for £2.7m, and some of the 180 jobs are expected to be saved.... [more]

The Competition Commission has delivered its report on the proposed £4bn merger of the ITV giants, Granada and Carlton, to Patricia Hewitt, the trade and industry secretary. The former head of Channel... [more]

Rexam is to sell its medical flexible packaging division to Amcor of Australia for £135m, which will involve the transfer of more than 1,000 staff worldwide.... [more]

Mouchel has acquired Parkman Group, the Sutton Coldfield-based support services and consulting engineering company, for £78m, and the combined group will focus on road maintenance contracts.... [more]

Safestore, the operator of 23 self-storage sites, has undergone a £40m management buy-out backed by Bridgepoint Capital.... [more]

The BBC should be made to sell its most popular programmes to its commercial rivals and concentrate more on its public service obligations, the chief executive of BSkyB said yesterday. Tony Ball outli... [more]

Simbec Research, the Merthyr-based pharmaceuticals research company with 80 staff, has undergone a management buy-out from Merck Sante SAS of France for undisclosed terms.... [more]

Po Na Na's administrators are to sell 28 of its 45 bars to Avanti Capital for about £7m.... [more]

Vocalis, the speech recognition software company with 60 staff, has gone into administration and the main trading division has been sold to Netdecisions for a nominal sum.... [more]

Lookers has acquired the Savoy Honda car dealership in Warrington from Mainland Investments for £2m.... [more]

Premier Oilfield Services, the Aberdeen-based supplier of oilfield equipment with 41 staff, has been acquired by Superior Energy Services of the US for £20m.... [more]

H&A Wines of Chorley has been bought out of administration by the owner of Halewood International for about £2.5m, saving up to 150 jobs.... [more]

Nidd Vale Group has sold its General Motors division in Harrogate and Wetherby, which includes 150 staff, to a management buy-out for undisclosed terms.... [more]