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Technology Businesses for Sale
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Latest Deal Buzz
Racal Acoustics looking at strategic options01/07/2008
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Global Crossing may sell UK division19/05/2008
PCC Technology to sell it's troubled UK PC maker.22/02/2008
Microsoft bids to buy Yahoo!01/02/2008
Ingram Micro acquires Paradigm Distribution03/01/2008
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Anite looking to make disposals
18/12/2007

UK-listed IT services company Anite is conducting a strategic review which could lead to disposals. Financial advisors Cazenove and Landsbanki have been retained to assist with the process.

Steve Rowley, Chief Executive of Anite said "Anite has a robust balance sheet and is in sound financial health. We have, however, been aware for some time that the ownership of several businesses has led to a stock market valuation that reflects a structural discount. We aretherefore working actively, with our advisors, to explore a variety of strategic alternatives to remove or at least significantly reduce the scale of this discount."

It was said by a company spokesperson that "disposals could be one of those alternatives".

Anite has clearly stated that its wireless division constitutes its core business, but has declined to comment on which divisions may be candidates for such a disposal.

It is thought that Anite is most likely to sell its public sector division.
BA has bought French airline L'Avion
03 Jul 2008
British Airways has bought L'Avion, a privately owned French business-class airline that flies betwe...[more]
Sainsbury considers sale of pension scheme
01 Jul 2008
J Sainsbury's, Britain's third-largest supermarket group, is considering selling its pension scheme....[more]
Racal Acoustics looking at strategic options
01 Jul 2008
Racal Acoustics, the Harrow-based maker of military communications headsets, could be put up for auc...[more]
Sun Capital to rescue struggling furniture retailer
30 Jun 2008
Sun Capital, private equity group and the former owner of van maker LDV, is finalising a rescue take...[more]
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