Balmer Lawrie UK is set to sell off its tea blending, packaging and warehousing facility in the UK next month. “We have already invited expression of interest from interested parties. SBI Capital Mark... [more]

The appointment of Philip Bowman as the new chief executive of Smiths Group has fuelled break up rumours, according to reports. Bowman has a reputation as a dealmaker, due in some part to the sale of... [more]

UK networking company Pipex Communications Plc has announced plans to look at demerging its WiMAX venture, Pipex Wireless, and sell its remaining web hosting and business services activities, after co... [more]

Borders Group, Inc. has announced that following a competitive auction process, the company has reached an agreement to sell its U.K. and Ireland subsidiaries to Risk Capital Partners, a London-based ... [more]

Richardson Sheffield, the UK-based company specialising in the manufacture and supply of kitchen knives, blocks, cutlery and scissors, has been put up for sale by its administrators Ernst & Young. The... [more]

Shares magazine, the UK-based magazine for stock market investors, is up for sale for as much as £10m according to reports. Grant Thornton has reportedly been hired by Shares' holding company, MSM Med... [more]

Craegmoor Healthcare has recently competed a £225m refinancing, which could lead to it being put on the market according to reports. The refinancing allows for a possibility to exit the business. Crae... [more]

Barclays may have to take a loss on the sale of its FirstPlus consumer credit business, according to reports, as current offers are almost 10% lower than the value of the FirstPlus loan book. The busi... [more]

Smiths Group, the owners of specialist manufacturer of industrial seals and piping business John Crane, is reportedly in discussions with the investment firm group Melrose regarding a potential sale o... [more]

Angel Trains, the UK-based train leasing business, may soon be up for sale, after reports that owners Royal Bank of Scotland have hired the investment bank Lazard to conduct a strategic review. Severa... [more]

UK airports operator BAA has appointed Merrill Lynch to undertake a strategic review of its duty free outlet chain, according to reports. A sale of the asset, which is considered non-core, is expected... [more]

Virgin Megastores has been sold by Sir Richard Branson for an undisclosed sum to a management buy-out team. The team was led by managing director Simon Douglas and finance director Steve Peckham, whic... [more]

Mears Group is to acquire the majority of the social housing business assets of Makers UK for a nominal sum, including 100 staff and a number of social housing maintenance contracts in the London area... [more]

Firstan, the Cambridge-based packaging printer with 130 staff, has undergone a secondary buy-out from Lloyds TSB Development Capital, and is now seeking acquisitions.... [more]

Avery Berkel, the Smethwick-based scales manufacturer with 450 staff, has been acquired by Indiana Tool Works of the US for undisclosed terms.... [more]

Four Pillars, the Oxfordshire-based chain of five hotels with 543 staff, has been acquired by US property investment firm RREEF for an estimated £121m.... [more]

Verna Group, the UK-based healthcare giant, has been put up for sale by private equity owner Legal and General Ventures. LGV bought the firm for £60m in 2005, and is expecting to sell to a rival ventu... [more]

Thomas Cook Group plc has announced that it has reached agreement on the terms on which Condor Flugdienst GmbH will be merged with Air Berlin plc. ... [more]

TAAG, the Skelmersdale-based structural steel company with 90 staff, and sister company Metaldeck, which has 54 staff, have both undergone a management buy-out.... [more]

Smollenskys, the chain of nine London restaurants, has been acquired by Shire Group of Corbridge for £6.5m.... [more]