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News - written by Chris St Cartmail

New investment firm to buy distressed property assets - Wed, 13 May 2009
Nick Leslau, well-known property entrepreneur, is to buy up distressed property assets with his new investment company Max Property Group. [more]
Countrywide to buy up struggling estate agents - Mon, 11 May 2009
Countrywide is to begin the search for acquisitions after its investors strengthened its balance sheet with £37.5m following on from its recent debt restructu [more]
Champagne labels could become British-owned - Wed, 22 Apr 2009
French group LVMH, the world's biggest luxury-goods maker, is considering selling its large holding in some of the oldest champagne labels to UK company Di [more]
UK arm of Ireland-based Douglas Wallace Architects calls in the administrators - Tue, 07 Apr 2009
Neil Mather and David Hudson of Begbies Traynor have been called in to a UK architecture firm that has gone into administration. [more]
Carphone Warehouse puts in a last minute bid for Tiscali - Tue, 31 Mar 2009
Carphone Warehouse is considering putting in a last minute bid for Tiscali's UK broadband business, after failed negotiations between Tiscali and B [more]
Government to put UKAEA Limited on the market - Mon, 30 Mar 2009
The government is going to put UKAEA Limited, the commercial division of the UK's Atomic Energy Authority, on the market as it has now reached the stage where it can operate independe [more]
Rileys bought in a pre-pack by its directors - Thu, 26 Mar 2009
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]
Brittany Ferries places a bid for SeaFrance - Wed, 18 Mar 2009
Brittany Ferries has put in an offer to takeover SeaFrance from SNCF, the French state railway network. Brittany Ferries is looking to strengthen its position in order to compete with P&O, the market leader on the Dover-Calais line, and with Eurotun [more]
The Forbury Hotel has fallen into administration - Fri, 13 Mar 2009
The Forbury Hotel in Reading, where the "Eden" chef Daniel Galmiche's fine dining restaurant is located has fallen into [more]
The Observer Standard Media Group seeks a buyer - Tue, 10 Mar 2009
A Midland-based newspaper company has been placed into administration, the staff have been informed. [more]
Moneybookers has been put on the market - Mon, 09 Mar 2009
Moneybookers, the UK online payments provider, has been put up for sale after its owner Investcorp, the Bahrain-based investor, suffered its first loss for the first half of its financial year. [more]
Mosaic receives offers for Principles - Wed, 18 Feb 2009
Mosaic, the owner of several retail chains, has received numerous offers for Principles, the womenswear retailer aimed at women in their thirties. [more]

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