Royal Mail, the state-owned UK postal service, is coming under strong pressure from the UK government to sell GLS, its European parcels division. Royal Mail has been contacted regarding potential offe... [more]

Graham's Dairies has acquired Scottish Milk Dairies from First Milk for undisclosed terms, after rival firm Robert Wiseman dropped its bid.... [more]

GUS has sold Wehkamp, its Dutch home shopping business, to Industri Kapital for £265m.... [more]

Avecia is to sell its pharmaceutical synthesis business to Nicholas Piramal India for £9.5m, involving the transfer of 350 staff at sites in Huddersfield, Grangemouth, Billingham and the US.... [more]

Centaur has acquired two logistics magazines - Supply Chain Business and Logistics Europe - from UK Transport Press for £0.3m.... [more]

Laird Group has acquired Melcor Corporation, the US supplier of thermoelectric modules, and its Chinese subsidiary Melcor Hua Yua from Fedders Corporation for £10m.... [more]

Marconi is to sell its telecoms equipment and international services operations to Ericsson for about £1.2bn, and the remaining Marconi business, with 2,00 staff, will be renamed Telent.... [more]

Terra Firma has appointed Citigroup and Gleacher Shacklock to advise on the sale of Sutton and East Surrey Water. The move comes after the Takeover Panel obliged the UK-based private equity group to c... [more]

Glass's Guide, the UK motoring journal, is being prepared for a EUR 500m (USD 595m) sale. Lion Capital, the ultimate owner of Glass's Guide, is in discussions with investment banks regarding a potenti... [more]

Elementis is to sell Linatex, its Yateley-based industrial rubber belting business, to Navis Capital Partners for £18m.... [more]

Terra Firma is likely to sell East Surrey Holdings' water business after it acquires the UK utility group. The UK-based private equity group, has already seen six bids of approximately £190m for the w... [more]

DS Smith, the listed UK packaging group that announced poor results earlier this week, would be more likely to sell off its plastics packaging operations than another part of its business. DS Smiths' ... [more]

Brambles Industries, the listed Australian wooden pallet supplier, is expected to eventually sell its Cleanaway UK business. Cleanaway UK could be sold within 12 months for up to AUD 680m (USD 512m).... [more]

Stanley Leisure has sold its Stanley Entertainment online casino business to Leisure & Gaming for £1.9m.... [more]

Premier Foods is to sell Jonker Fris, the Dutch canned fruit and vegetable supplier with gross assets of £17m, to NPM Capital.... [more]

Premier Foods has sold its Typhoo Tea business to Apeejay Tea of India for £80m, and Apeejay will establish a UK headquarters at the factory in Moreton, Wirral.... [more]

BBA, the UK-listed engineering group, has been the subject of break-up speculation according to reports. BBA is looking to sell its non-woven plastics business. BBA wants to be reclassified as an aero... [more]

Swedish telecoms group Tele2 is considering a sale of its UK operations, which could be worth about £300m. This is part of a review of the business, which has been hit by fierce competition in the hom... [more]

Retail Decisions is to acquire Fuelserv, the fuel payment card operator, from DHL Distribution for £22m.... [more]

The BBC is to put pressure on the merged NTL and Telewest to sell or cut its stake in UKTV, the joint-venture television business, once the two companies have completed their £3.33bn merger. This woul... [more]