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UK Businesses For Sale

Latest Deal Buzz
BBC Outside Broadcast arm sold to SIS10/03/2008
GCap sale may be referred to Competition Commission06/03/2008
Getty Images Sold for $2.4 Billion26/02/2008
Reed Elsevier to Sell Business Information Division21/02/2008
SMG sells Virgin Radio19/02/2008
Getty Images up for sale for $1.5 Billion23/01/2008
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Fresh Media Group to sell all or part of business
07/05/2008

British media group, Fresh Media Group [FMG], has decided to sell Ceros, its online interactive magazine platform division which was set up three years ago. FMG will sell either a majority stake or the entire business.

Ceros, which is thought to be worth £5m, is ready for a level of expansion for which FMG does not have the resources to support the burgeoning business, hence the sale.

FMG has been in discussion with some interested parties, including advertising group Bartle Bogle Hegarty (BBH).

The sale is expected to draw interest from media companies with a particular focus on advertising planning or online marketing, according to the chief executive of the group Simon Berg.

FMG has not hired an adviser to manage the sale process as yet.

FMG's predicted turnover for 2008 is £14m, while Ceros has a turnover of £1.1m.
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]
Diageo may sell Guinness brewery site
09 May 2008
Diageo, drinks company, is to announce restructuring plans for its Irish Guinness business. This pla...[more]
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