GCap Media, the UK commercial radio group whose brands include Capital Radio and Classic FM, has sold its two Century FM stations to Guardian Media Group for £60m.... [more]

Foster's Group, the Australian beverage company most famous for its Foster's Lager, has announced that the sale process for its global wine clubs and services division is underway.... [more]

Findel has bought a number of European Home Retail businesses out of administration for £34m, including Kitbag sports, I Want One Of Those gifts, the remaining 40% of Home Farm Hampers and Kleeneze UK... [more]

Alstom, the global power generation and rail transport company, is reportedly putting its UK division up for sale with a pricetag of £10m.... [more]

UK-listed leisure group First Choice Holidays may reportedly put its European package holiday division up for sale in order to focus on higher-end products to long-haul destinations. First Choice has ... [more]

XKO Group is to sell its software and services division to a new company called UK Software Holdings for up to £15m, in order to focus on the revenue assurance sector.... [more]

Ulster Stores has acquired the De Gruchy department store in Jersey from Merchant Retail Group for undisclosed terms.... [more]

Quantica is to sell Quantica Healthcare, its healthcare recruitment division with 76 staff at 11 sites, to Advantage Healthcare Group for £4.5m.... [more]

Flytxt, the mobile marketing company, has put its agency operations up for sale in a move to shift its focus to the technology side of the business. ... [more]

Ford, the struggling US-listed car manufacturer, is now looking to offload its vehicle service business, Automobile Protection Corp. (APCO), as it continues with restructuring efforts. ... [more]

Carphone Warehouse is to acquire AOL UK for £370m after winning the auction for the business.... [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]

Nikko Prinipal Investmnets, the Japanese investment fund, is rumoured to be considering the sale of Menzies Hotels, its UK chain of 16 luxury four-star hotels. Accountancy firm Deloitte have reportedl... [more]

Following its likely acquisition by private equity firms Apax Partners and Nordic Capital, Capio, the Swedish healthcare group, is expected to sell its UK division, Capio UK, to avoid regulatory conce... [more]

Formation Group is to sell its Sports Marketing division to Sportfive of Germany for up to £11m, including Fox Sports, RC&A Sports Management, Bermitz Sports Advertising, Sponsormatic and Active Sport... [more]

VNU, the global media and information company based in Holland, has announced that it will consider putting its Business Media Europe (BME) division up for sale as part of a strategic review of the co... [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]

Smart Telecom, the AIM-listed Irish telecommunications company, is expected to dispose of several of its non-core assets including its phonecards business. Trading in Smart Telecom's shares was tempor... [more]

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

Samuel Grant Group has sold CL Plastics, its Bradford-based polythene extrusion and converting business, to Povoas Packaging in a multi-million pound deal.... [more]