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News - written by Eilis Jordan
PricewaterhouseCoopers has stepped up its efforts to find a buyer for the South Wales-based Valleywood film studios. Its owners Dragon International Studios and Westair Properties Ltd both went into administration in March 2008 and since then PwC have struggled to complete a suitable rescue deal in the current financial climate. Options looked at have included selling off assets, a trade sale and refinancing. [more]
The owner of Donington Park, Donington Ventures Leisure Limited, has been placed into administration. The administrators at Begbies Traynor are now searching for a buyer for the business to revive East Midlands-based Donington Park's chances of hosting the Grand Prix in [more]
Mason Organisation Ltd, the entertainment portfolio owned by self-made millionaire Norman Mason, has been placed into administration with the loss of 51 employees. [more]
Plant hire business Incasep, which trades as Greyhound Plant Services, has been put on the market after going into administration with the immediate loss of at least 40 employees. [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]
Mining group Anglo American Plc plans to raise up to £6m by selling some of its assets including UK business Ta [more]
Part of Syrian-born billionaire Simon Halabi's property empire is to be put on the block to pay back debts, after the buildings fell into negative eq [more]
Ethical catering company Gold & Brown has been pushed into administration after trading for only one year, due to a fall in sales over the summer. The administrators were not revealed in repo [more]
Irish classified ads magazine Buy & Sell has been pulled back from the brink of receivership, after a company backed by Nelson and Elgin Loane - the family behind the Adare printing group - stepped in and paid an undisclosed [more]
Anglo-French private equity house Duke Street is understood to be sounding out potential buyers of a £50 million stake in [more]
Standard Life has put its banking division on the market, and Barclays is considered to be the most likely buyer out of several interested parties. [more]
Yellowfin, a Hampshire-based engineering company, has been placed into administration after running out of funds, and experiencing pressure from its creditors. [more]
RBS Aviation Capital, the plane leasing company owned by the Royal Bank of Scotland, could be put up for sale after it was placed into a non-core unit with £230bn of bad loans, in order to be dispose [more]
Weymouth Football Club is at risk of being put into administration if the Terras board does not raise £50,000 within a few days to satisfy its most aggressive credi [more]
Europe's largest second-hand car auction business, British Car Auctions (BCA) is believed to have been placed on the market by its owner, Montagu Private Equity, with a price tag of &p [more]
Close Brothers has been hired to sell Bonded Services, the movie storage business, for up to £50m, according to a report by the Sunday Teleg [more]
PricewaterhouseCoopers has been appointed as administrators to the Lighthouse Trust, an arts and design centre. [more]
An auction process has been initiated for Kleinwort Benson, the private bank and wealth manager, with a number of private equity and trade buyers having made the contender shortlist. [more]
It has been reported that the education technology company, Promethean, founded over 30 years ago by Tony Cann, is considering a stock market flotation. [more]
Synetrix, the provider of IT and broadband services to public bodies and schools, has reportedly been put up for sale by APAX Partners, which has appointed Oakley Capital to advise on the deal. [more]
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