Carillion has sold The Expanded Piling Company, the Grimsby-based piling contractor, to Laing O'Rourke for £6.3m.... [more]

New Look is to acquire the remaining 49% stake in NewMim, the French fashion retailer with 171 stores, for up to £30m.... [more]

It is rumoured that Lloyds TSB may be selling its National Bank of New Zealand subsidiary for as much as £2.4bn to Australia's ANZ bank. The speculation has been fuelled by reports that ANZ is looking... [more]

Northern Foods looks likely to sell Fox's biscuit arm, following poor performance by the division. Fox's confecionery, including Glacier Mints, is likely to go under the hammer as part of a series of ... [more]

Cobham has reached agreement with Northrop Grumman of the US to acquire Litton Life Support, the Iowa-based manufacturer of air separation systems, for about £50m.... [more]

Amey has sold its Amey Vectra technical and environmental consulting business to Volvere for £2m.... [more]

GUS is to sell its home shopping operations in the UK, Ireland and Sweden, as well as its Reality logistics and customer care business, to March UK for £590m.... [more]

P&O is to sell its routes and vessels at the ports of Liverpool, Fleetwood and Dublin to Stena Line, and its recently-opened terminal at the port of Mostyn will close with the loss of 26 jobs.... [more]

Crediton Poultry Company has sold its cooking division out of receivership to the Crediton Chicken Company, saving 57 jobs.... [more]

Fashion retailer Gap is to dispose of one in ten of its stores in Britain, as part of plan to rein in costs. Retail agent Dalgleish and Churston Heard have been appointed to handle the sales.... [more]

After 75 years of service, Mail Rail, a miniature underground railway stretching across seven miles of the city, is being put up for sale by Royal Mail. The service, the only remaining underground mai... [more]

Hammicks has sold its legal division to John Smith & Son of Glasgow, including a subscription business and specialist bookshops in London, Manchester and Bristol.... [more]

Leapingsalmon has sold its four railway station kiosks in London to the Unilever Bestfoods' Rocket division, and will now seek tie-ups with non-food retailers.... [more]

AstraZeneca has sold Marlow Foods, the manufacturer of Quorn substitute meat products, to Montagu Private Equity for £70m.... [more]

Corus, the steel producer, may consider selling its Teeside steel plant to another steelmaker or private-equity buyer in order to speed up the company's restructuring. It is believed that the plant co... [more]

Powerhouse, the UK's largest independent electrical retailer, may be considering a disposal of almost a quarter of its stores. The group has sent details of 55 outlets to property companies to assess ... [more]

Alstom, the French engineering group, has stated that is ready to sell a majority stake in its marine division and has announced that a turnaround at its transportation operation would signal job cuts... [more]

Roxboro is to sell its Weston aerospace sensors division to Esterline Technologies for £55m.... [more]

Stagecoach has agreed to sell its Coach USA Transit bus operations in the US to First Transit, a subsidiary of First Group, for about £15m.... [more]

Medical Solutions has acquired the Welcare Pathology Laboratory from the Welcare Hospital in Dubai for up to £12m.... [more]