BG Group is to acquire El Paso Oil & Gas of Canada for £183m, as part of a strategy to expand its North American gas acreage.... [more]

The Scottish skiing industry has suffered a severe setback following the announcement that two of its leading resorts – Glenshee and Glencoe – have been put up for sale. Glenshee, totalling 2,000 acre... [more]

Rhodia, the French speciality chemicals group, warned it would stay in the red for the next two years as it announced its worst ever results and entered exclusive talks to sell its food ingredients bu... [more]

NIKKO Principal Investments, a subsidiary of the Japanese broker, has appointed advisers to test the water for the £500m sale of PD Teesport, Britain's second biggest port by volume.The company has h... [more]

The Early Learning Centre, the educational toyshop for children under six, is today close to being acquired in an £80m deal, according to reports.Retail entrepreneur Tim Waterstone, who founded and s... [more]

ABI, the East Yorkshire-based caravan and leisure home maker, has undergone a £20m management buy-out backed by Dunedin Capital Partners.... [more]

Norwich Food Company, the supplier of meat, fruit and vegetables, has been acquired by Smithfield Foods of the US, and Smithfield has also acquired London-based meat company Ridpath Pek.... [more]

Carole Nash has acquired the AA's motorcycle insurance business for undisclosed terms, which will lead to the creation of 20 jobs.... [more]

Aquator, the Trowbridge-based sewage filtration company with 55 staff, has been bought out of administration by Copa.... [more]

Jaycare, the pharmaceutical packaging company, has been acquired by Phoenix Equity Partners for undisclosed terms.... [more]

Ask Central, the chain of 172 pi,a restaurants, has accepted a £213m takeover offer from TDR, the owner of Pi,aExpress, which beats a previous offer from City Centre Restaurants.... [more]

Donatantonio, the food ingredients supplier, has undergone a £12m management buy-out.... [more]

Rentokil Initial, the buisness support services group, is believed to have received a number of approaches for its conferences business, Initial Style. One of the bids is rumoured to be from Amanda St... [more]

Bids for BoxClever, the troubled TV rental company, have fallen significantly short of expectations. The highest bid is believed to be far below the level at which the owners - Germany's WestLB, Franc... [more]

Spirit Group, the UK's largest managed pubs operator, has appointed Merrill Lynch and Bear Stearns, the investment banks, to sell Premier Lodge, the chain of budget hotels for around £600m. Bidders ar... [more]

WM Morrison, the supermarket chain, plans to sell 132 Safeway stores when it completes the £3bn takeover of the firm. The portfolio of smaller stores would be sold with the rights to the Safeway brand... [more]

Vantis has acquired Redhead French, the Essex-based insolvency and business recovery firm, for an initial £3.5m.... [more]

Royal & Sun Alliance has sold its insurance operations in Peru to Rimac Internacional for about £12m.... [more]

Vega Insurance Services has acquired Abacans, the Preston-based insurance broker with 24 staff, for undisclosed terms.... [more]

Oxoid, the Basingstoke-based supplier of diagnostic products, has been sold by PPM Ventures to Fisher Scientific International for £177m.... [more]