Premium Credit, the specialist finance provider owned by the Bank of America, is up for sale for around £300m. Bank of America acquired Premium Credit in 2005 as part of its $35bn takeover of credit c... [more]

Footman James, the specialist car insurer, has been put up for sale by Alchemy Partners, its private equity owners. Alchemy have hired Deliotte to manage the sale, and interest is expected from both p... [more]

Wilmington Group has acquired Mercia Group, the Leicester-based accountancy training company with 70 staff, for up to £11.5m. Wilmington has acquired 87 per cent of Mercia through its Central Law Trai... [more]

Parasol, the Warrington-based accountancy outsourcing company with 80 staff, has undergone a £24m management buy-out and plans to expand its workforce to 110 over the next few years. The buyout was s... [more]

Global Trader, the UK-listed online spread betting company, may be put up for sale after receiving several approaches from potential buyers.... [more]

Morgan Stanley, the US investment bank, has put its UK investment management business, Quilter, on the market with an asking price of £210m.... [more]

Standard Chartered, the UK and HKSE-listed bank, is conducting a strategic review with a view to selling its Indian asset management business. ... [more]

Seymour Pierce Ellis, the Crawley-based private client agency stockbroker with 21 staff, is to be acquired by Dowgate Capital for £4.6m. Neil Ivor Badger, a director of Seymour Pierce Ellis, will join... [more]

Cazenove analysts have suggested that Resolution Life, a company chaired by Clive Cowdery that invests in life assurance funds that no longer write new policies, could put itself up for sale. Althoug... [more]

Consumer finance group Homebuy has fallen into administration despite announcing record profits only a few weeks previously. The UK company failed to secure the funding needed to continue trading from... [more]

SMIF, the Secondary Market Infrastructure Fund, is to be put up for auction this week and could sell for over £700m. The Information Memorandum has been sent out and binding offers are expected to be... [more]

Premium Credit, a UK subsidiary of Bank of America, is up for sale. According to rumours, buyout groups as well as corporate suitors are likely to take an interest in the auction; Phoenix Equity Partn... [more]

Nationwide is to acquire the Bournemouth-based Portman Building Society in a £1.2bn merger, creating a combined group with 827 branches.The merger will be the largest building society merger ever to t... [more]

Teesland has acquired Partnership Incorporations, the operator of collective property investment schemes, for £2m. Teesland will pay £1.75m in cash, £335,00 in shares and a further deferred considerat... [more]

Sumus has acquired Financial Services Advice & Support, the Dunfermline-based independent financial advice network, for an initial £859k in cash and shares. A further consideration of up to £1.141m wi... [more]

Erinaceous has acquired Keelan Westall, the Hampshire-based property insurance broker, for £19.7m. Erinaceous will acquire the company through its Hannover Park Commercial insurance subsidiary. Keelan... [more]

RAB Capital is to acquire Northwest Investment Management, the London-based hedge fund manager, for up to £20.55m. The deal comprises a cash payment of £5.2m, the issue of 13.2m RAB shares to the vend... [more]

Irish Nationwide, the building society moving towards a sale, has confirmed it is almost ready to hire corporate advisers, the Irish Examiner reported. The article quoted a spokesman for the business ... [more]

Nash Insurance Consultants could be headed for sale after Ernst & Young's appointment to look into the group's strategic options. The unattributed piece said the sale could come as soon as the beginni... [more]

Detica is to acquire M.A. International (m.a. partners), the management consultancy with 130 staff and offices in London and New York, for up to £32m. Deltica will make an initial payment of £20.5m in... [more]