Sun Capital, private equity group and the former owner of van maker LDV, is finalising a rescue takeover of the struggling UK-based furniture chain, SCS Upholstery. The deal is expected to be announce... [more]

The brewer, Anheuser-Busch, has rejected a £23.3bn takeover bid from InBev, the Belgian-Brazilian brewer.The formal rejection of InBev's takeover offer came shortly after InBev said it was preparing t... [more]

BT is to purchase the Stemmer and SND IT services divisions of Net AG in Germany. The sale includes combined gross assets of £7.7m.... [more]

Domino Printing Sciences is going to buy Photon Energy, the German manufacturer of solid state laser sources, in a deal worth £3.2m.... [more]

Happit, the Dunfermline-based discount clothing retailer, has been bought out of administration by 2nd Thoughts. The future of 233 jobs at 32 stores have been restored.... [more]

Cosalt has bought Myhre-Maritime, the Norwegian marine equipment supplier, for £12m.... [more]

Gunns Transport, the Erith-based haulage firm with 100 trucks, has undergone a £3.5m management buy-out supported by Lloyds TSB.... [more]

Ilva Furniture, Danish furniture chain, has gone into administration after trading for only two years in the UK. The company has fallen victim to the credit crunch.Kroll, the corporate recovery specia... [more]

Renold is to buy a 75% stake in LG Balakrishnan, the Indian chain manufacturer, for £5m.... [more]

Apollo Sheeters, the Bedford-based supplier of sheeting equipment for paper and board, is to be purchased by MarquipWardUnited of the US for an undisclosed amount.... [more]

Greenstar UK has acquired Leicester Paper Processors, the Coalville-based recycling firm. Greenstar is planning more acquisitions and developments.... [more]

BG Group, the British oil and gas giant, have pitched a second £6.7 bn offer for the Australian energy group, Origin Energy, directly to the shareholders.The offer is at the same price that Origin rej... [more]

Chemring has bought Martin Electronics, the US manufacturer of pyrotechnically-activated devices, in a deal worth £35m.... [more]

Holidaybreak has recently bought Hertford Travel Group, the holding company for educational tour operator European Study Tours, in a deal worth £4m.... [more]

Ashtead has sold Ashtead Technology Rentals, the supplier of subsea equipment with 14 sites in the UK, North America and Singapore, to a management buy-out supported by Phoenix Equity Partners in a de... [more]

WM Lawrence & Sons, the Chorley-based textiles manufacturer, has been bought by Apex Textiles of Haslingden.... [more]

ACM Shipping Group is to buy the shipbroking business of Harris & Dixon Shipbrokers of London in a deal worth £2.5m.... [more]

Grant Thornton has sold 32 Ferrari's bakery outlets in Wales out of administration to ICD Wales. The future of 200 jobs has been saved, as well as a further 40 jobs will be saved through a management... [more]

Grahame Stowe Bateson has bought Robert Moore Culleton, the Leeds-based law firm with six employees.... [more]

Southern & Redfern of Bradford has merged with Watsons Building Services of Keighley, a combined building services group called Novitas has been created with more than 200 employees.... [more]