Division Sale News - written by Eilis Jordan

International building materials firm, Wolseley, has put three of its UK companies up for sale, including its trade builders’ merchant division, Build Cent [more]

Centrica has acquired a family-run property maintenance and repair business for £30 mil [more]

Representatives of troubled national care home company, Southern Cross, have refused to deny speculation that it is looking to sell off parts of or the whole company in a bid to raise enough money to keep it afloat. It has been learned that the company has taken on boutique investment bank, Gre [more]

The sale has begun of the administration-struck property company formerly owned by the controversial British-Iranian businessman, Vincent Tchenguiz. [more]

Insurance giant Aviva has put its RAC vehicle breakdown unit on the block as part of a plan to divest non-essential businesses. The sale could fetch between £500 million and £60 [more]

WH Smith has bought 22 branches of the British Bookshops and Stationers (BBS) chain out of administration. [more]

Following the collapse of recruitment firm Pearson Advertising and Marketing, two of its former directors have acquired its digital assets and created a new agency. [more]

Financial services group Close Brothers is looking to dispose of its Channel Islands-based businesses. [more]

NetPlay TV is seeking potential buyers for its bingo assets as part of a restructuring drive to bring the business back to profitability, and after a recent share placing raised £2.5 mil [more]

Premier Foods is hoping to carve a chunk out of its debt mountain by selling off its successful meat-free brand, Quorn. [more]

HSBC is expecting to receive a large number of bids for its train leasing firm, which is worth an estimated £2 bil [more]

The receiver of Kenmore Property Group has hired Savills to market 32 properties in order to "test the market" and use the proceeds to pay [more]

US oil company Chevron has put its Welsh petrochemicals refinery up for sale as part of a broader restructuring process that will address global overcapacity in refining. [more]

Italian frozen food company Findus Italy could be put on the block for up to 800m Euros by its parent consumer goods group Unilever. [more]

Mining group Anglo American Plc plans to raise up to £6m by selling some of its assets including UK business Ta [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]

ITV is considering the sale of its little-known business that rents TV channel slots on Freeview, in an effort to raise funds to fight off a sharp decline in advertising revenues and growing debt. [more]