Compass has hired Citigroup to advise on the sale of its Harry Ramsden's travel concessions. A sale price of £1bn is anticipated, the report said. Departing chief executive Mike Bailey, said the UK-li... [more]

CNG Travel Group has sold its leisure division, including a hotel booking business, to FEXCO All Travel for an initial £1.4m.... [more]

Robinia Care Group, the UK nursing-home operator, is being considered for auction. Rumours are that Robinia's proprietor, private-equity firm Bridgepoint, has hired NM Rothschild to review the company... [more]

Media Square has announced a £63m reverse takeover of the marketing division of Huntsworth, leaving Huntsworth to focus on public relations.... [more]

Furnitureland, the UK-based furniture retailer, was put into administration. The company collapsed with debts of approximately £30m. The administrator said the firm will continue trading until October... [more]

ITV has put its Carlton 021 outside broadcast business up for sale it has been reported. The UK-listed television broadcaster anticipates completion of the sale in the next couple of months. Several b... [more]

Volkswagen, Europe's biggest car group is tipped to appoint CSFB the investment bank, to sell Europecar, its car rental arm. Europcar which is one of the worlds largest car rental companies with 2685 ... [more]

Polaron, the listed UK technology company, expects to continue growing via both organic and M&A means, according to chief executive Joe Stelzer. He expects acquisitions to continue and does not rule o... [more]

Polaron is to sell its Watford-based FastTrak Software Publishing division to management for £0.2m.... [more]

BC Partners is set to acquire the Fitness First chain of 440 fitness centres from Cinven for £800m, and aims to open up to 250 new sites over the next five years.... [more]

Metalrax has sold MRX Plastic Moulders, its Burnley-based plastic products business, for undisclosed terms.... [more]

BAE Systems has moved closer to selling its German naval electronics business, Atlas Elektronik, after Germany's ThyssenKrupp and European defence group EADS joined forces to bid for the unit. There i... [more]

Telecommunications equipment company Spirient announced plans to sell its network products division. The transaction is expected to raise about £260m. The HellermanTyton network focuses on cable faste... [more]

Millfield Group, the financial services advisory group, is to sell its international division to de Vere Holding Company for £0.8m.... [more]

Alchemy Partners has acquired 178 city centre pubs and bars from Spirit Group for £177m, and the chain will be known as Tattershall Castle Group.... [more]

Incisive Media has acquired the remaining 80% of Global Professional Media, the publisher of trade magazines for the legal profession, for £5.7m.... [more]

Miller Group is to acquire Fairclough Homes, the Woking-based housebuilder, from Centex Corporation for £264m.... [more]

United Business Media has sold its Exchange & Mart and Auto Exchange publications to the Exchange Enterprises subsidiary of Newsquest for £50m.... [more]

Chrysalis has sold its book publishing division to a management buy-out for £12m.... [more]

Centrica, the owner of British Gas, has confirmed it will be selling its OneTel telecoms business. The utility wishes to concentrate on its energy operations and will invest the sale proceeds in this ... [more]