Schlumberger, the world's largest provider of oil field services, has retained Deutsche Bank to find a buyer for one of its remaining information technology divisions. Schlumberger's disaster recovery... [more]

RAG, the German coal mining group, may sell its coal mining operations in the US, Australia and Venezuela as a possible alternative to a planned sale of its Steag power generation unit it announced ea... [more]

Spar, the German grocery store chain, has appointed Deutsche Bank, to sell its 1,100 Netto discount stores in Germany. The sale could be valued at $595m-$893m. Spar decided to sell its Netto stores in... [more]

Heidelberger Druckmaschinen, the world's biggest maker of printing machinery, has launched a revamp of its businesses which will lead to the disposal of its web-offset printing division. The group now... [more]

Roman Abramovich, the Russian billionaire owner of Chelsea football club, is considering the sale of some of his key assets in a series of deals worth several hundred million dollars. Possible busines... [more]

Cirio Del Monte, the troubled European food group, is to be broken up and sold. The first subsidiary to be put up for auction should be Del Monte's European canned fruit and vegetable operations, whic... [more]

Bibby Financial Services has acquired Abbey National's factoring business, which will involve the transfer of £32m worth of assets controlled from sites in Leeds and Poole.... [more]

Bibby Financial Services has acquired Abbey National's factoring business, which will involve the transfer of £32m worth of assets controlled from sites in Leeds and Poole.... [more]

AEA Technology has sold its Nuclear Science operation, which employs 153 people at Windscale and 15 at Harwell, to British Nuclear Fuels for £9.7m.... [more]

Compel Group has acquired Syscap Computer Rentals, the London-based provider of mid-range computer and enterprise IT systems with 34 staff, from Syscap for £2.6m.... [more]

AEA Technology has sold its Nuclear Science operation, which employs 153 people at Windscale and 15 at Harwell, to British Nuclear Fuels for £9.7m.... [more]

Galen Holdings has sold its Pharmaceutical Development and Manufacturing Services business to the company's founder and former Chairman for £20m.... [more]

Compel Group has acquired Syscap Computer Rentals, the London-based provider of mid-range computer and enterprise IT systems with 34 staff, from Syscap for £2.6m.... [more]

Jardine Lloyd Thompson has acquired the aviation insurance business of Heath Lambert for £9.4m, which will involve the transfer of 60 staff.... [more]

ICM Computer Group has acquired ITM Support Services, the IBM support division of ITM Group with 48 staff, for an initial £3.5m.... [more]

Trinity Mirror is to sell its regional newspaper operations in Ireland to venture capital group 3i for £46m.... [more]

European Motor Holdings has sold its Normand Heathrow Vauxhall dealership to Lance Owen (Kingston) for £0.7m.... [more]

Wolseley has acquired Tobler Management Holding, the Swiss supplier of heating and ventilation products with 600 staff and 21 branches, for £52m.... [more]

Jardine Lloyd Thompson has acquired the aviation insurance business of Heath Lambert for £9.4m, which will involve the transfer of 60 staff.... [more]

ICM Computer Group has acquired ITM Support Services, the IBM support division of ITM Group with 48 staff, for an initial £3.5m.... [more]