CSR has acquired the software division of UbiNetics for £27m, in order to move into the wi-fi market.... [more]

Axa of France is to acquire the Framlington fund management group from HSBC and Comerica for £178m.... [more]

Marylebone Warwick Balfour, the UK property business, is considering options for its boutique hotel businesses, according to Malmaison Group chief executive Robert Cook. Cook. He stated that MWB was c... [more]

Tarmac has acquired Encore Environmental Aggregates of Lanarkshire from Alfred McAlpine.... [more]

PricewaterhouseCoopers has sold MG Rover out of administration to Nanjing of China for about £60m, which is expected to lead to the revival of car production at Longbridge.... [more]

Vp has acquired ESS Safety Services and Pivotal Training from Babcock International for £4.5m, in order to expand its Hire Station safety products business.... [more]

The sale of the Times Educational Supplement, the publishing subsidiary owned by News Corporation, is expected to start soon. The UK's Guardian Media Group and Pearson are natural trade buyers, but so... [more]

Alliance & Leicester is considering a sale of its cash machine arm according to rumours. The banking group's ATM division could be worth between £100m and £150m. The unit made a 2004 profit of £15m on... [more]

Misys, the UK software group, could be mulling the sale of its Sesame IT support division. Lexicon has been taken on to advise on the sale. Analysts have indicated a wide pricing bracket for the opera... [more]

Clinton Cards, the UK-listed card shop chain, confirmed that it was continuing with a review of its portfolio that has so far led to the sale of 36 stores. The company expects to dispose of a further ... [more]

Renewable Energy Holdings has acquired the Windpark wind farm in Germany from EDF Energies Nouvelles for £33m.... [more]

Carr's Billington Agriculture has acquired certain fixed assets of W&J Pye, the owner of four compound feed mills in Blackburn, Lancaster, Langwathby and Shrewsbury, out of administration, for £16m.... [more]

Low & Bonar is to sell its Bonar Plastics division, which has a network of 12 rotational moulding plants, to the Promens subsidiary of Atorka Group of Iceland for £26m.... [more]

Invensys has sold its Lambda power supply business to TDK of Japan for £134m.... [more]

Docuserve of Edinburgh has sold its specialist digital printing business to a management buy-out for undisclosed terms.... [more]

Telewest could see offers of up to £800m for its content business from BBC and ITV, according to reports. The unsourced item noted that the business will be put on the market very soon. RTL, Viacom an... [more]

P&O is planning to sell its refrigerated warehousing arm, Cold Logistics, for approximately £200m. Cash raised from the sale would probably go towards reducing the UK-listed shipping group's debt, inv... [more]

Cadbury Schweppes PLC, the London-based drinks and confectionary manufacturer, it is rumoured may be preparing for a sale of its European Beverages arm. Goldman Sachs and UBS were hired last month and... [more]

North British Trust Group of Edinburgh is to sell 20 hotels to Swallow Hotels & Inns for an estimated £75m, but will retain four Scottish properties to focus on adventure tourism.... [more]

Esporta has sold 13 health clubs to Virgin Active for undisclosed terms, including sites in Chelmsford, Rugby, Crawley, Birmingham, Bolton, Gloucester, Medway and six in Spain.... [more]