Hays will initially raise £102m by selling part of its logistics business to the US venture capital group Platinum Equity. It expects to raise a further £100m through the separate sale of the division... [more]

Virtue Broadcasting is to acquire Kamera Holdings, the Swedish provider of webcasting and content distribution services, for about £2.5m.... [more]

Mercury Recycling is to acquire Simister Engineering Services,the recycler of fluorescent tubes and street lighting, for £0.9m.... [more]

The Government is expected to put the Tote bookmaking business up for sale following record half-year results. ... [more]

The Government is this week expected to put the sale of the Tote bookmaking business under starter's orders on the back of record half-year results.It is planning to table legislation permitting the ... [more]

Saga, the UK’s best known provider of services for the over 50s, was put up for sale today with a price tag thought to be in excess of £1 billion. Saga is now a dominant force in its target market wi... [more]

The British Broadcasting Corporation has unveiled plans to sell its BBC Technology arm as part of an effort to save up to 30 million pounds a year. With 1,400 staff and annual turnover of 220 million... [more]

Hays has sold most of its logistics business to Platinum Equity of the US for £102m, and is now looking to sell its mail division and the remaining logistics operations in the US and Germany.... [more]

Madisons has sold its chain of 27 coffee bars to Out of Town Group for an initial £2.2m, in order to focus on its Richoux restaurant format.... [more]

Lloyds Beal has acquired Enviroquip, the Cardiff-based supplier of waste compactors and handling equipment, and is also planning to move its own Cardiff-based operation to a 55000 sq ft site in Bedwas... [more]

Systems Team has acquired Minerva Computer Systems, the Cheltenham-based supplier of membership administration systems with 13 staff, for undisclosed terms.... [more]

Goldenhill, the Preston-based supplier of human resources and payroll software with 15 staff, has been acquired by Cedar Software for undisclosed terms.... [more]

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]