Business Sale News in the Leisure And Lifestyle sector

Bay Restaurant Group, the owner of the La Tasca and Ha Ha Bar & Grill chains, could be sold after receiving a number of serious approaches from private equity-backed compan [more]

The RBS-owned five-star Grosvenor House hotel is due to be placed on the market with a price tag of between £600m and £700m. Property agent CBRE is likely to manage the sale of fam [more]

Two popular Scottish hotels the Malmaison in Edinburgh and the St Andrews Golf Hotel have gone on the market for offers over £15m and over £6m res [more]

Fifty casino, the London gambling haven and magnet for the rich and famous, has been placed into administration after failed attempts to sell the business. Administrators are to be appointed shortly. [more]

UK self-catering holiday provider Hoseasons has been placed on the market with a price tag of £50m. Close Brothers Corporate Finance has been mandated to sell the busi [more]

The half-finished luxury London hotel and apartment complex designed by Norman Foster has been put onto the market through Cushman & Wakefield with an asking price of at least £110 million. The Strand site was formerly the home of the landmark Marconi [more]

Burger restaurant chain Tootsies has been put into administration. BDO has already sold 11 of the 21 outlets to restaurant group Giraffe Concepts, which is backed by Giraffe chairman Luke Johnson's Risk Capital and private equity house 3i. The sale was agreed for £2.5m, and 275 jobs have b [more]

Orchid Group, which went through a pre-pack administration last year to avoid collapse, has performed a surprising turnaround to buy Premium Bars & Restaurants (PBR) out of administrati [more]

Punch Taverns, the operator of over 8,000 British pubs, is to put 300 underperforming sites on the market. [more]

A group of banks, including RBS, may initiate a sale of a 43.9% controlling stake in Thomas Cook, which had been seized from insolvent German retailer Arcandor. [more]

The Stafford Hotel in St James, London could be sold by its current owner Daniel Thwaites, the 200-year old Lancashire brewer, for as little as £ [more]

Britain's biggest theatre operator Live Nation has put its package of UK theatre venues on the market, which will enable it to concentrate on its live music busi [more]

Travelodge has raised a £100m fund for the acquisition of struggling hot [more]

Lovefilm, the website-based DVD rental business has hired investment bank Jefferies after receiving various bid approaches from third parties. The business could be worth up to £200m in a potential sale, it has been repo [more]

Arcandor, the major stakeholder in Thomas Cook, has applied for insolvency after the German government refused to provide €437m of state ai [more]

The world famous Raffles Hotel, the home of the Singapore Sling cocktail, has been put on the market by Prince Alwaleed of Saudi Arabia for a reported £ [more]

Southampton Football Club has been put up for sale after its parent company Southampton Leisure Holdings plc went into administration. [more]

The UK's largest snooker clubs group, Rileys, has been sold in a pre-pack administration to Valiant Sports, a new company set up by some of Riley's directors and investors. The move has secured 129 clubs and the jobs [more]

Smallbone, the luxury kitchen designer, has decided to put itself up for sale following a difficult trading period. Smallbone announced a financial package that included a £5.9m injection of working capital on February 6th. Shares in the aim-listed business have been suspended after the company announced that its refinancing package "will not be sufficient" to see it through [more]

Eidos, the British games maker behind the Tomb Raider and Championship Manager games, is to be bought by Japanese computer games developer Square Enix in a deal worth £8 [more]