Lloyds TSB Group plc has announced that its subsidiary Scottish Widows plc has reached agreement to sell Abbey Life Assurance Company Limited to Deutsche Bank AG for a cash consideration of £977m, upo... [more]

Leisure group Georgica has announced the sale of its Rileys snooker halls business to the European private equity arm of Greenhill and North Atlantic Value for £34.1m. Following the sale, Georgica ha... [more]

Covent Garden Restaurants is thought to have hired Deloitte to carry out a review, whic could result in a sale of the the business. It is thought that the business would be worth between £25m and £30m... [more]

Rathbone Bros, the financial-services group that manages funds totalling £13.3bn may be up for sale. It is rumoured that prospective buyers have been approached regarding the potential sale. It is bel... [more]

Grupo Ferrovial is set to announce new asset sales within the next six to nine months, and are considering a disposal of BAA's duty free business among them. A sale of the World Duty Free division, de... [more]

Royal Mail is set for a second sell-off of post offices and sorting depots according to reports, just months after its first £70m sale. Property agents Atisreal have been appointed to undertake the sa... [more]

Hertz Global Holdings, Inc. has announced that its Hertz car rental brand has acquired the vehicle rental business of former licensee, Autotravel, in the United Kingdom. Located in the North West of E... [more]

The Royal Bank of Scotland Group is set to sell a £1.1bn portfolio of 15 hotels to Robson Asset Management. RAM was set up by former RBS head of princpal finance Jeremy Robson, who originally aquired ... [more]

RJD Partners, the private equity group, has hired the investment bank NM Rothschild to find buyers for its Equidebt business. Equidebt cancelled a planned initial public offering (IPO) on London's Aim... [more]

The board of Emap has announced that, in response to various unsolicited proposals it has received recently for parts of the group, it is undertaking a review of Emap’s group structure and portfolio o... [more]

SKF has signed an agreement with the British company Edwards Limited to acquire its subsidiary S2M, the world's leading company in magnetic bearings. SKF had already earlier 12% of the share capital i... [more]

The Boards of Friends Provident and Resolution have announced that they have agreed the terms of a recommended all-share merger of the two companies to create Friends Financial Group plc. ... [more]

Kesa Electricals has signed an agreement to acquire Electrodomesticos Menaje Del Hogar Sociedad Anonima (“EMH”), a Spanish specialist electrical retailer, from funds controlled by Impala Capital Partn... [more]

Pret a Manger, the UK sandwich-shop business, has been approached regarding a takeover by several private-equity houses, according to reports. The business is being groomed for a flotation. However a... [more]

The boards of Ariel and Atrium have aannounced that they have reached agreement on the terms of a recommended cash offer under which Ariel will acquire the whole of the issued and to be issued share c... [more]

Trinity Mirror is to sell Berkshire Regional Newspapers and 14 titles to Berkshire Media Group for £10m.... [more]

Parkdean Holidays has acquired Weststar Holidays, the Exeter-based chain of four holiday parks with 300 staff, for £80m, and is now looking to acquire a further 20 holiday sites over the next two year... [more]

Ramage Distribution has acquired UFD, the Kirkcaldy-based logistics company with depots in Aberdeen, Bristol, Cambuslang, Warrington and Hemel Hempstead, out of administration, creating a combined gro... [more]

William Thompson, the York-based animal feed company with 47 staff, has undergone a management buy-out for undisclosed terms.... [more]

Doncaster Bloodstock Sales of Hawick has merged with Goffs of Ireland to create one of the largest horse racing auction groups in Europe.... [more]