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UK Businesses For Sale

Ecademy owners move towards putting the business for sale
27/10/2006

Ecademy, the internet networking site for the business community, could be put up for sale by its owners Thomas and Penny Power.

The husband and wife team, who founded the business in 1998, are reported to have hired Unity Capital to advise on a potential sale, which analysts believe could fetch up to £20m.

Insiders believe that provided a suitable buyer is found, a sale could be complete by early 2007. UK publishers Pearson and Centaur are both said to be interested the company.

Alternatively, Ecademy's owners may opt to just sell a stake rather than putting the whole company up for sale.

Ecademy has over 100,000 members worldwide, who use the site to share knowledge and make contacts through blogs, forums and clubs.

Reuters to be bought out by Thomson
16 May 2008
Reuters, the news and information group is to be bought out by Thomson, the Canadian financial data ...[more]
Anite may sell off public services division
14 May 2008
Anite, the UK-based IT solutions company, is currently undergoing a strategic review of its public s...[more]
Net-a-Porter.com could be put on the market
12 May 2008
Natalie Massenet, founder of the online fashion retail business, Net-a-Porter.com, is thought to hav...[more]
Dynmark could be put on the market
09 May 2008
Mobile bulk messaging group, Dynmark, is undergoing a review of its business which may lead to a sa...[more]
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