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UK Businesses For Sale

Baglan going up for sale later this year
10/03/2008

GE Energy, a division of General Electric, will sell its power station, Baglan Bay, later on this year. GE Energy UK's new managing director, Magued Eldaief, said the improved market conditions expected in the latter part of this year will make the sale much easier.

Baglan Bay, based in South Wales, has been valued at £500m. The power plant is due to undergo a maintenence programme before the sale, which is expected to increase its value.

It is most likely that Lexicon Partners will mange the auction of the gas-fired power plant. Lexicon advised GE Energy on a planned sale last year, before GE Energy called a halt to the auction. The reasons for this withdrawal were not made public.

Informa rejects new offer from private equity consortium
05 Sep 2008
Events and exhibitions firm, Informa, has rejected a reduced takeover bid from a private equity cons...[more]
Construction business in administration
04 Sep 2008
The construction arm of Time and Tide Homes Ltd has recently gone into administration. The owners of...[more]
Dunlopillo has fallen into administration
03 Sep 2008
Dunlopillo, the Yorkshire-based pillows and bedding manufacturer, has gone into administration leavi...[more]
Superquinn, the Irish supermarket chain, may be for sale
02 Sep 2008
Superquinn, the privately-owned Irish supermarket chain, has received several unsolicited approaches...[more]
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