Man Group, the UK-listed hedge fund operator, may still put its financial unit up for sale, despite its £173m acquisition of assets from US company Refco in November 2005. Analysts believe that likely... [more]

Broker Network Holdings is to acquire the general insurance business of Towry Law for £12m, creating a new subsidiary with offices in Birmingham, Bracknell, Glasgow, Leeds, Leominster and London. The ... [more]

SMC Group is to acquire Charter Partnership, the architecture firm with 120 staff at offices in London, Bedford, Bournemouth and Ipswich, for an initial £3.6m. Aim-listed SMC will also hand over a fur... [more]

Barclays Bank is tipped to release sales memoranda for its leasing business within a week according to sources. Potential buyers linked to the sale are Siemens of Germany, Fortis of Belgium and Genera... [more]

Walter Scott & Partners, the Edinburgh-based fund management company, is to be acquired by Mellon Financial of the US. The Edinburgh firm was founded 23 years ago. Walter Scott and Partners employ ju... [more]

The London Metal Exchange, the world's premier non-ferrous metals market, is to undergo a strategic review that could result in a sale or an IPO. LME members will begin the process of demutualisation ... [more]

Swedish security company Securitas may put its UK subsidiary Loomis Cash Handling Services up for sale due to a high level of interest. The company has attracted 10 potential bidders, including privat... [more]

Home & Legacy, the UK-based insurance firm, has been put up for sale by founder Gary Burke. KPMG have reportedly been hired to source out potential bidders at this preliminary stage. Burke stands to s... [more]

Syndicate Asset Management has acquired LAinvest, the Bournemouth-based fund management and financial services company, for £1.4m. LAinvest has £70m under management. Syndicate (SAM) has attracted kee... [more]

Austrian Trade Union Federation-controlled Bagwag Bank has been officially put on the market, with US investment bank Morgan Stanley handling the sale. The bank was tainted by scandal last year when i... [more]

Lloyds TSB is rumoured to be selling its insurance arm Scottish Widows. Analysts predict that Lloyds, who will reportedly ask £10bn for the sale, would be able to sell Scottish Widows for more than it... [more]

HBOS, the UK listed bank, has reportedly appointed Deloitte to find buyers for its PaymentShield mortgage insurance arm. Potential buyers have been named as Aviva and Prudential, both UK-listed insura... [more]