The finance arm of Welcome Break, the motorway service station operator, has been placed into administrative recceivership after a three month struggle between bondholders and Investec, the company's ... [more]

Group 4 Falck has agreed to sell Global Solutions, its UK-based prison management business, to Electra Partners Europe and Englefield Capital for £207m... [more]

GKN is to sell its 50% stake in the AgustaWestland helicopter business to Finmeccanica of Italy for £1.06bn, and the proceeds will be used to expand its automotive and aerospace component operations... [more]

GUS has announced a two year strategic review of all its operations which could result in some major acquisitions as well as disposals. Already on the planning board is the demerger of its South Afric... [more]

Shanks is to sell its 24 landfill sites and related power operations to Terra Firma for £227m, and the business will be merged with Waste Recycling Group... [more]

Brian McGowan, the new boss of Rentokil, is said to be evaluating a break-up option for the business services conglomerate. Analysts are betting on an early decision to hive off the parcels and confer... [more]

Royal Bank of Scotland has put part of the Grosvenor House Hotel up for sale. The southern block contains 140 serviced apartments and is expected to fetch around £100 million. Property agents DTZ have... [more]

VNU, the Dutch market research and publishing group, is reported to be considering the sale of it's telephone directories business. Analysts believe that the company could fetch up to €2.5bn (£1.45bn... [more]

It is reported that c.£300 million of London commercial property is about to come on the market after Australian firm, Challenger Financial Services Group, decided to sell off some of its prime proper... [more]

Bradford & Bingley is reported to be selling Charcol, it's mortgage broking business; a 300 strong chain of estate agencies; SecureMove, a surveying business; and Holden Meehan and Aitchison & Colegra... [more]

Tube Lines, the consortium that operates the Jubilee Line, is facing the prospect of another owner. Jarvis is looking to sell 50 per cent of its stake in the Westferry Circus-based consortium. The rai... [more]

Balfour Beatty is to sell Andover Controls, the US-based supplier of building management controls with subsidiaries in the UK, Germany, Poland and France, to Schneider Electric for £226m... [more]

Johnson Service is to acquire Sketchley Services, which includes 103 dry cleaning shops, from the Timpson Group for a nominal sum... [more]

Invensys is to sell its Hansen Transmissions gearbox manufacturing subsidiary to Allianz Capital Partners of Germany for £75m... [more]

Some 432 ex-Whitbread Laurel pubs owned by Deutsche Bank's private equity arm are due to go up for sale soon with a price tag of around £450 million.... [more]

The Laurel Pub Company, owners of the Hogshead pub chain, is reported to be selling off three Glasgow outlets including its smoke-free Phoenix bar. It's Hogshead bars in Woodlands Road and Shawlands ... [more]

Caffyns has acquired the Volkswagen car dealership for the Brighton area from Appleyard Motor Company for £0.5m... [more]

Chiron has sold its needle-free injection technology to PowderMed, a new company set up by former managers of Powderject... [more]

It is reported that Royal & Sun Alliance has said it is in a position to sell its British life business, having reached an agreement with regulators over potential liabilities - including a possible £... [more]

It is expected that VT Group, the shipbuilding and support-services group, will this week rule itself out of the bidding for BAE's nuclear-submarine yard at Barrow-in-Furness. But VT is likely to say... [more]