CB Richard Ellis has acquired Irving Rice, the Liverpool-based commercial property agency.... [more]

Pepper Post is to be bought out of administration by Partner Capital and the Megginson group for undisclosed terms, and no job losses are expected from its London-based TV and film production business... [more]

Alliance & Leicester (A&L) has received a takeover approach from the Spanish banking group and Abbey owner, Santander. A&L has long been seen as a takeover target, with Lloyds TSB, Spain's Santander a... [more]

Dawnay Day, the financial services group, has hired administrators from Ernst & Young to conduct an emergency review of several of its businesses after experiencing difficulties in raising the cash it... [more]

Fortis has sold International Asset Management Limited (IAM) to its management team, supported by certain third party investors. Established in 1989, IAM is a London-based fund-of-hedge-funds manager.... [more]

Parc Group has sold its Parc Aviation unit in a deal worth €30m. According to Peter Keenan, chief executive, Parc has now ceased trading, as its management bought out the company’s personnel business ... [more]

BT has acquired the online business directory firm, Ufindus, for £20m from its Scottish parent company, Iomart.The move will help BT to step up to companies such as Yell.com and Google who specialise ... [more]

AIM-listed Dipford Group Plc has recently hired MCR to act as administrators in order to assess options for the business.Dipford acts as an agent for sellers of small to medium sized businesses throug... [more]

Jones Lang LaSalle is to buy Churston Heard, the London-based retail property agency with 80 employees, for roughly £20m.... [more]

Porvair has purchased Seal Analytical, the West Sussex-based manufacturer of water quality analysis equipment, for £3.8m.... [more]

Pindar is going to sell its Pindar Set directory printing business to Yell. There are no plans for changes to the 1,600 staff or the directory production site in Scarborough.... [more]

ID Support Services, the Manchester-based CCTV and air conditioning group with 230 staff, has been bought by private equity firm, Penta Capital Partners, for £25m.... [more]

Phoenix Childcare, based in Tiverton, has purchased the Oakwood Court residential care unit in Dawlish and the Eldra Court care home in Teignmouth for about £3.6m.... [more]

BT Group has bought Ufindus, the online business directory with 300 staff in Lancaster, Chorley, Blackpool, Barrow and Huddersfield, from Iomart for £20m.... [more]

International Asset Management, the London-based hedge funds firm with 60 staff, is to undergo a management buy-out from Fortis.... [more]

Insurance Australia Group Ltd (IAG) has put three of its UK businesses up for sale two years after entering the UK market. Lexicon Partners are acting as advisors for the sale. IAG, the home and car i... [more]

Concateno, the UK's largest drug and alcohol testing group, has received several bid approaches. The company has hired UBS to assess options including a possible sale of the business.A potential sell... [more]

GK Raw & Co, the Harrogate-based joinery and building firm with 30 staff, has undergone a management buy-out.... [more]

Rolls-Royce is to buy Scandinavian Electric Holding, the Norwegian supplier of diesel-electric marine propulsion systems, for £43m.... [more]

Inmarsat, the UK-listed satellite communications provider has received a takeover offer from Harbinger Capital, the activist American hedge fund investor.There is no certainty that a formal bid will b... [more]