Invensys has put its US-based metering business up for sale with a price tag of $850m. The engineering group has appointed Bank of America to work on the sale alongside Morgan Stanley, which is advisi... [more]

Virtue Broadcasting has sold its Virtue Media Services division to Interoute Communications for £0.8m, as part of a strategy to focus on the corporate communications market... [more]

Norsk Hydro, the Norwegian energy, metals and fertilizer group, has said it will divest itself of its fertilizer business in the first half of next year. Norsk has said it would set up a separate stoc... [more]

Recent rumours of a possible sale of Swiss Life (UK) to global reinsurer, Swiss Re, have been denied by the managing director. Swiss Life UK was put up for sale last year after its parent company, Swi... [more]

SSL International has selected a shortlist of potential purchasers for its wound care business, part of its struggling medical division that may fetch £70m-£80m. SSL , the maker of Scholl footcare pr... [more]

Trinity Mirror, the newspaper publisher, is considering the sale of its regional newspapers in Northern Ireland in the first phase of its restructuring. Industry analysts belive the titles could be ... [more]

Two companies controlled by Orb, the Jersey-based holding company, have gone into receivership. PwC, the professional services firm, has been appointed administrative receiver of Poole Developments an... [more]

Heywood Williams has sold Creation Group, the US manufacturer of aluminium parts for recreational vehicles, to Dura Automotive Systems for £36m... [more]

IQ-Ludorum has sold its Strategic Software Solutions software development subsidiary in India and its 2DB software consulting division in the UK to Affine Research & Development for a nominal sum... [more]

Avesco has sold Creative Technology Outside Broadcast to NMT Outside Broadcast for up to £1.3m... [more]

Holders Technology is to sell its 81% stake in its Justfone telecoms services subsidiary to a private investor for up to £0.5m... [more]

Zurich Financial Services is planning to sell Threadneedle Asset Management to American Express for £340m, enabling Amex to expand its London-based money management operations... [more]

Tilney is to acquire SG Investment Management, the former Strauss Turnbull private client business with funds under management of £700m, from SG Hambros... [more]

Royal Bank of Scotland is to acquire Churchill Insurance from Credit Suisse for £1.2bn, which will involve the merger of Churchill with its Direct Line subsidiary to create the UK's third largest gene... [more]

Highbury House Communications, which publishes Fast Car magazine and Real Homes, said that it was in talks to sell some of its business-to-business titles. Consumer titles make up about 65% of the co... [more]

JD Wetherspoon has sold 17 pubs to The Laurel Pub Company for £10m, taking Laurel's estate to 643... [more]

Tarsus Group is to sell its Exhibition Bulletin magazine to Mash Media Group for £1.1m... [more]

Royal & Sun Alliance has sold its Royal Specialty Underwriting business in the US to Alleghany Insurance for £72m, while its Puerto Rican subsidiary has been sold to Cooperativa de Seguros Multiples f... [more]

Stagecoach has sold its Citybus business in Hong Kong to New World First Bus Services for £176m... [more]

HBOS has acquired IMIWeb, the UK broking arm of Banca IMI of Italy, in order to expand its Halifax Share Dealing subsidiary... [more]