Royal & Sun Alliance has sold its Sequence UK estate agency business to the Connells subsidiary of the Skipton Building Society.... [more]

MyTravel is to sell World Choice Travel, the online hotel room sales company, to Travelocity of the US for £30m.... [more]

Invensys is to sell its utility metering business, which includes 13 manufacturing facilities in the US and elsewhere, to IMS Meters Holdings for £388m.... [more]

Alcan is planning to sell its Fibrenyle plastic packaging division, which includes sites in Norwich, Beccles, Thetford and the Midlands, to Polimoon of the Netherlands.... [more]

We tipped back in July that the American private equity group, Blackstone, wanted to offload London's luxury Claridges hotel. Now the 203 room hotel has been formally put on the market in a move that... [more]

Speedy Survey has acquired the Watts Optronics branch network from survey equipment supplier Leica Geosystems for £1.3m.... [more]

PowerGen has agreed terms to acquire Midlands Electricity from Aquila & First Energy for £1.2bn, and expects to make annual cost savings of £50m as the business is combined with its East Midlands Elec... [more]

MyTravel is to sell its US cruise operations to National Leisure Group for £66m, and its SunTrips and Vacation Express tour operating businesses to FS Tours for £10m.... [more]

CD Bramall has acquired Land Rover and Rover dealerships in Aylesbury from Dutton Forshaw for £4.4m.... [more]

The world's biggest manufacturer of genetically modified (GM) crops, US company Monsanto, has been haemorrhaging money. And now it has said it plans to close or sell facilities across Europe to cut co... [more]

American Electric Power aims to sell the two power stations it owns in the UK by the end of 2004, virtually ending a wave of U.S. investment in the British electricity industry that started in the lat... [more]

Lookers has acquired the Lexus Hadleigh car dealership in Essex from E&H Hadleigh for £2m.... [more]

Telecoms group Kingston Communications is set to be broken up in a deal likely to see rival Thus taking a large share of the business. Smaller divisions up for sale are being eyed up by Energis and Co... [more]

British Oil giant BP is panning to sell some or all of its Russian oil and gas fields bought when it formed its TKN-BP partnership. Analysts say BP could raise $1bn from reducing its upstream assets.... [more]

Having sold its water metering business to a US buyer for considerably less than expected, Invensys, the former engineering conglomerate has three non-core units left to sell in an attempt to wipe out... [more]

THE company chosen to run nearly all of Wales' trains could be forced to sell off some of its bus operations in North and Mid Wales. The Office of Fair Trading is investigating a potential monopoly by... [more]

French networks M6 and Paris Premiere and cable provider Noos are on the market, after a decision by Franco-Belgian parent Suez to shed its broadcasting assets to concentrate on its water and power op... [more]

Beleaguered cable company Telewest is said to be considering the possibility of raising much-needed cash by selling Flextech. Flextech owns UK channels including Bravo, Challenge and Trouble as well a... [more]

Johnson Service is to acquire Workplace Management, the property management company, from Chesterton International for £20m... [more]

Swiss engineering firm Georg Fischer said it would cease manufacturing at its British foundry in Lincoln as part of a far-reaching profit enhancement and debt-cutting programme. It also plans to dives... [more]