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]

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]

Walker Greenbank is to sell Textile Wallcoverings International, the US distributor of wallcoverings, to Thybony for £0.9m.... [more]

Tomkins has sold Milliken Valve, the US-based valve manufacturer, to the Henry Pratt Company for about £5m.... [more]

Inter-Alliance is to pay up to £2.5m for certain fixed assets and the net commission of Heartland Independent Advisers, which has offices in Birmingham, Cardiff, St Albans and Nottingham and about 17... [more]

Bako North Western has acquired the bakery sundries business of John Morley's of Congleton for undisclosed terms.... [more]

Leeds United has sold its business travel division to World Travel Management for a nominal sum.... [more]

Coats has sold its Jaeger and Viyella fashion brands to Riverhawk Investment for undisclosed terms, in order to focus on the production of industrial sewing thread.... [more]

Enterprise Inns has sold 52 pubs in the Hampshire and Gloucestershire areas to InnSpired for £16m.... [more]

Alan Day Motor Group has acquired four car dealerships in Hampshire from Derek Warwick Motor Group for undisclosed terms, gaining 125 extra staff.... [more]

Avis Europe is to acquire car rental operations in Europe, Africa and the Middle East from Budget International for £12m.... [more]

Inter Link Foods is to acquire Soreen, the Manchester-based malt loaf manufacturer, from Warburtons for £8.4m.... [more]

RWE, the German utility company, may sell off several of its units, including its troubled waste management unit.... [more]

Rok Property Solutions is selling Llewellyn Timber Engineering, the roof truss manufacturer with 30 staff, to Pace Timber Systems of Milton Keynes for undisclosed terms.... [more]

Mytravel is selling its short-breaks business, Cresta, valued at around £40m. Deutsche Bank has been appointed to sell the business. Lastminute.com and HG Capital are believed to be interested.... [more]

Boots may sell off its division Boots Healthcare International, which could raise £1bn. The business manufactures brands such as Clearasil and Strepsils. It has also been advised to close its Wellbein... [more]

Kingfisher has decided not to sell its electrical goods business, trading as Darty, BUT and Comet. Instead it will demerge the businesses.... [more]

Royal & Sun Alliance, the troubled insurance company, is selling its Australian mortgage business. The deal could be worth £120m. Goldman Sachs and Maquarie Bank are advising on the sale. The business... [more]