Huntsman is to sell its Teesside-based European base chemicals and polymers division to Saudi Basic Industries Corporation by the end of the year, with the transfer of about 840 jobs.... [more]

There are rumours of a potential disposal by Invensys of its rail signaling division. Analysts following Invensys have said the rail systems division is doing very well and Invensys could profit from ... [more]

Dutch publisher Wolters Kluwer is tipped to sell off its education business, Wolters Kluwer Education, after appointing Lehman Brothers to look at strategic alternatives for the division as part of a ... [more]

Aggreko has acquired General Electric's energy rentals division for £112m, in order to expand its portable power generators business into new markets around the world.... [more]

Severn Trent is to sell Severn Trent Laboratories, its US analytical environmental testing business, to TestAmerica Holdings for £85m.... [more]

Italian ISP Tiscali has reportedly denied that it is to sell its UK operations following speculation of a possible approach from BT. Tiscali UK is estimated to be worth up to EUR 750m.... [more]

Gerald Ratner, the British entrepreneur, could reportedly sell off Ernest Jones, his high street jewellery business, if he succeeds in acquiring the British arm of Signet. Ratner has announced that he... [more]

Gresham Private Equity is reportedly to sell its majority shareholding in the Individual Restaurant Company, the UK-based restaurant group which owns the Piccolinos and Restaurant Bar & Grill chains. ... [more]

Henderson Equity Partners is to sell its magazine publishing business, Boat International, with an asking price of £30m. It has reportedly hired boutique advisory firm Longacre to advise on the sale. ... [more]

Medical Solutions is to sell its Dubai-based pathology business to Global Fund Company Bahrain, Global Investment House KSCC of Kuwait and International Healthcare Holdings for £16m.... [more]

Ilkeston Co-op Motor Group has sold a Citroen, Mazda and Seat car dealership in Lincoln to Advantage Motor Group of Mansfield, and six of the site's 90 jobs will be lost.... [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]

Saga, the holidays and finance group focused on people over 50, is planning to sell its radio assets, according to reports and it could be worth £100m. The group has hired KPMG Corporate Finance to ma... [more]

MFI is planning to sell its 200 furniture stores to Merchant Equity Partners for a nominal sum, in order to focus on its Howden Joinery business.... [more]

Coolabi has bought the business and assets of the children's division of Zenith Entertainment out of administration.... [more]

SMG, the information and entertainment service provider, is to sell Pearl & Dean, its cinema advertising business, and Primesight, its outdoor advertising business. An offer for Pearl & Dean from Iris... [more]

Johnson Service Group has announced it is to consider a number of offers for its high street dry cleaning division. Analysts believe that Johnson had initially hoped the division would fetch between £... [more]

Finning has sold its West Midlands-based materials handling division to Sammons Enterprises of the US for £85m, and the 986 staff will be transferred to the Briggs Equipment UK subsidiary of Sammons.... [more]

Edward Billington & Son has sold Classic Couverture, the Speke-based chocolate manufacturer with 110 staff, to Archer Daniels Midland Company of the US for an estimated £10m.... [more]