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UK Businesses For Sale

Latest Deal Buzz
HBOS to decide whether to make disposals29/04/2008
Trillium edges closer to a sale24/04/2008
RBS initiates sale process of insurance arm23/04/2008
Pearl Assurance set to takeover Resolution Life17/04/2008
Quayle Munro to acquire Van Tulleken14/04/2008
Call for UBS to be broken up.04/04/2008
More news on rumoured and actual deals, with comprehensive search facility, available in our subscribers section.
Asda ready to find buyers for Gazeley property business
11/03/2008

Asda, the Wal-Mart owned UK supermarket chain, is seeking a buyer for Gazeley, its global property development business, in a deal worth £400m.

Gazeley is one of the biggest industrial property developers in the UK and also operates across Europe, India, Mexico and China. The sale is likely to attract interest from its rivals including San Francisco's AMB and Australia-based Goodman International.

Gazeley operates as a separate business, whilst providing Wal-Mart and Asda with distribution and storage warehouses across the world. It was bought by Wal-Mart as part of its takeover of Asda in 1999.

Gazeley has a large undeveloped land bank, with 20 sites in the UK and more across continental Europe and Asia.This untapped potential forms a significant part of the value of the business.

09 May 2008
Mobile bulk messaging group, Dynmark, is undergoing a review of its business which may lead to a sa...[more]
07 May 2008
British media group, Fresh Media Group [FMG], has decided to sell Ceros, its online interactive ma...[more]
06 May 2008
Gatwick is seen as a likely candidate for a sale, as the Competition Commission could decide, this s...[more]
02 May 2008
JDR Distribution, based in Tamworth, has gone into administration less than a year after it was rebr...[more]

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