BBA Group is to acquire Airport Group International, the US airport services company, from TBI for £13m, as well as Executive Aircraft Services from Group4Securicor for £4.5m... [more]

Whitbread Plc, which operates the Pizza Hut restaurant chain, plans to raise at least £800m by selling half its Marriott hotels and other assets so it can return money to shareholders. The company has... [more]

Standard Chartered is to acquire the London-based project finance business of Australia & New Zealand Banking Group... [more]

Morrisons is to sell 114 Safeway stores and a distribution centre in Welwyn to Somerfield and Northwharf Investments, in two deals worth £260m... [more]

NTL, the cable TV company, has drawn up a shortlist of five private equity bidders for its £1.2bn broadcast business. A spokeswoman for NTL said the company was examining all strategic options for it... [more]

ITV is to sell the Moving Picture Company, a provider of special effects for films such as Troy and Harry Potter, to Thomson, the French technology group, for more than £50m. The deal has been agreed... [more]

Spain's Banco Santander Central Hispano is conducting a beauty parade of investment banks to sell the life businesses it will acquire as part of its £8bn takeover of Abbey. According to an Abbey insi... [more]

Close Brothers Private Equity has acquired the showers manufacturing business of Baxi Holdings from Heating Finance for £82m... [more]

Alliance Pharma is to buy various pharmaceutical brands from Unigreg, as well as certain dental assets from CollaGenex International, for a combined £8.8m... [more]

Egg is to sell the unsecured loan book of its French operations to Banque Accord for up to £96m, with the transfer of about 100 staff... [more]

Nestle has revealed that it has had "several serious offers" from financial investors for its mineral water brand Perrier.... [more]

Morrison's have not confirmed whether they are to sell 120 of their smaller stores, but said there had been "numerous enquiries and we could be tempted at the right price".... [more]

BP is to sell its stake in Norwegian gas field Ormen Lange, which has become a byword for the lack of consistency in how oil companies book their energy reserves. The British oil and gas group is unde... [more]

National Australia Bank announced it has hired the investment bank Lazards to gauge buying interest for its Irish banks, signalling it was prepared to leave part of its European market. It comes as a... [more]

Chrysalis Radio is considering making a bid for Virgin Radio as speculation mounts that the Scotland-based SMG is preparing to sell the station. Virgin's value rests primarily on its London licence. ... [more]

National Australia Bank chief executive John Stewart has admitted for the first time that the company is seriously considering the sale of its Irish banks. After months of playing down the prospects t... [more]

Esso, the UK's leading petrol retailer, is poised to close down a major part of its business in Northern Ireland. It is considering selling off its 13 filling stations in the province.... [more]

Matalan, the out-of-town discount retailer, is considering disposing of Lee Cooper, its branded jeans business. Analysts have put a price of £20m to £30m on the loss-making business.... [more]

Services group Rentokil might be ready to announce the sale of its UK and German linen rental and textiles business. Merill Lynch have estimated that the UK textile business could be worth about £110m... [more]

David Whelan, the foudner of JJB Sports is expected to confirm that he is prepared to sell his 40% stake in the company. Such a move would clear the way for a takeover bid. ... [more]