ABB, the Swiss engineering group has raised doubts over its ability to regain investor confidence by reporting a sharp fall in fourth quarter orders. ABB is now hoping to raise $2bn of much needed fun... [more]

Sly Bailey, the newly installed chief executive of Trinity Mirror, has not ruled out the sale of the group's national newspapers, including the Daily Mirror. ... [more]

InVision has acquired Yxlon, the airport security company, from Botts & Co for £24m.... [more]

Hill & Smith has sold the pressure measurement and calibration activities of its SI Pressure Instruments subsidiary to GE Druck for £3m.... [more]

J Sainsbury said it planned to sell its specialist property development arm to focus on its core supermarket activities. The arm with a book value of £141m and annual profits of £15m employs nine out ... [more]

Invensys is considering a new disposal programme if growing pension liabilities and falling sales combine to lead it to break its banking covenants. The largest disposal would be the sale of the Devel... [more]

Bunzl has acquired Enterprise Incorporated, the US distributor of supplies to food processing plants, from ConAgra Foods for undisclosed terms.... [more]

Abbey National has received a series of expressions of interest in Porterbrook, the train leasing operation. Abbey bought Porterbrook from Stagecoach in 2000 for £1.5bn. Abbey National is expected t... [more]

BSS is to acquire Tricom Group, the Bedford-based distributor of heating and plumbing products, from Isis Equity Partners for £16m.... [more]

Torex has acquired the laboratory, radiology, oncology, mental health and primary care operations of InHealth Solutions for £3.5m, in order to strengthen its market position for hospital IT systems.... [more]

AWG, the owners of Anglian Water, has come under pressure from shareholders to seek further talks with suitor WestLB or to break up the business. Management has already rejected a 510p per share propo... [more]

The Asset Management Company (AMC) of Zurich Mutual Fund, is up for sale. The Zurich group of Switzerland wants to get out of India after recording losses of nearly $2bn in its financial operations ov... [more]

Delta has acquired Webforge Group, the manufacturer of gratings for industrial flooring with 11 plants in Asia and Australia, from Pacifica Group for £19m.... [more]

Radamec Group has sold Radamec Broadcast Systems, the developer of robotic camera controls and virtual reality systems, to The Vitec Group for £4.6m.... [more]

Six Continents is to reveal details of the demerger of its pubs and hotels businesses next week. The brands, which include Inter Continental and Holiday Inn hotels and All Bar One and O'Neills pubs, a... [more]

Boosey & Hawkes is to sell its musical instruments division to Rutland Fund Management for £20m, and is now looking to sell its music publishing business.... [more]

BP has announced a £250m deal to sell a 45% stake in the Bayernoil refinery, an 18% stake in the Trans Alpine Pipeline, 247 retail stations in Germany, 55 stations in Hungary and 11 in Slovakia to OMV... [more]

Podia is to sell Jardine Communications, the public relations consultancy, to Global Acquisitions for £0.2m.... [more]

ERA Technology has sold its water and gas pipes testing business to Building Investigation & Testing Services.... [more]

Maersk Air, the Danish airline, is to sell its loss-making UK arm. The company has 400 employees and operates a BA franchise from Birmingham airport.... [more]