London City Airport has been acquired by a consortium comprising American International Group and Global Infrastructure Partners for about £750m. The deal follows a three month contest between AIG and... [more]

Ryanair, the Irish no-frills airline, has launched a shock €1.48 bn takeover bid for fellow Irish carrier Aer Lingus in a move which would give it control over three quarters of all flights between Ir... [more]

British Nuclear Fuels Limited (BNFL), the UK state-owned nuclear power company, has put its marketing and trading division up for sale. ... [more]

Allied London, the London-based property developer, has undergone a £500m management buy-out backed by Royal Bank of Scotland and Delancey. Allied London specialises in city-centre development and reg... [more]

West Yorkshire's five councils will make a decision soon about the sale of Leeds Bradford International Airport. They are currently considering whether to sell a 51 per cent controlling stake in the a... [more]

Henderson Infrastructure Holdco, part of fund management company Henderson Global Investors, may sell Chiltern Railways if its offer for UK construction company John Laing is accepted. Chiltern Railwa... [more]

Talisman Energy, the Canadian oil and gas company, is to sell its non-core assets in the Brae area of the UK North Sea. The assets consist of an 18% interest in the South, North, Central, West Brae an... [more]

Rowse Honey, the Wallingford-based honey supplier, has been acquired by Wellness Foods for an estimated £70m. Managing Director Stuart Bailey will stay with the business, as will all 122 employees. Ro... [more]

Kilroot, a 520MW power station owned by US utility AES and located in Northern Ireland, could be put up for sale. AES has just sold Indian Queens plant in the UK for USD28m. It may the fact that AES m... [more]

Property tycoon Simon Halabi has put a property portfolio worth £1.8bn onto the market, the largest ever to be for sale in the UK. Halabi is selling seven assets in London, including the 23-storey Avi... [more]

Indian Queens, a 140MW gas oil-fired power station in the UK, could soon be sold by its American owner AES, according to two industry sources. The sources said that International Power, the UK indepen... [more]

The Swiss Re Tower, more commonly known as the Gherkin, is reportedly up for sale for at least £600m, making it the most expensive office block ever to come onto the market. The distinctive London bui... [more]

Following our comments in the August issue that Marylebone Warwick Balfour, the UK property business, was considering options for its boutique hotel businesses, its Chairman, Richard Balfour-Lynn, has... [more]

Rheochem, the AIM-listed technical services provider based in Western Australia, is to acquire Wimbledon Oil & Gas (WOGL) for £7.3m. WOGL's main assets include ten North Sea licence blocks accross the... [more]

Vane Minerals, a UK-listed minerals exploration company, could spin off its uranium unit. Vane is currently listed in London with a market cap of around £13.8m. Vane's uranium prospects are in the US ... [more]

Specialised Petroleum Services (SPS) of Aberdeen has been acquired by M-I Swaco of the US for £89m. SPS is a global market leader in wellbore clean up solutions, and focuses on the offshore Eastern He... [more]

Inspicio is to acquire Eclipse Scientific, the Cambridgeshire-based provider of chemical and microbiological testing services, from Clearbrook Capital Partners for £47m. Mark Silver, Chief Executive o... [more]

Sea Containers, the US-listed shipping firm, is working on a sale of its GNER UK railway business. The business could be worth £200m. Cash from a sale would be put towards paying down debt. Sources sa... [more]

The Sierra Leone Diamond Company (SLDC), the UK listed gems miner, could be sold off. SLDC is said to have been approached by Audley Capital, the investment fund, which is offering £2.75 a share. Au... [more]

BP, the listed UK oil company, has announced its decision to sell its Coryton Refinery in Essex, UK. The refinery processes 172,000 barrels of crude oil a day. The company said the decision to place t... [more]