Division Sale News - written by Caroline Clayfield

Bank of America has put its UK credit card business MBNA on the market as it looks to pull out of the country. [more]

Arbuthnot Banking Group is looking into selling off its broking business, after discussions reportedly took place following a period of weak performance. [more]

Following the administration earlier this month of failed home and DIY specialist Focus DIY, Ernst & Young were appointed to handle the disposal of the firm's property po [more]

Lloyds Banking Group has promoted Paul Pester - the man who led the team that created Virgin Money - to take charge of the sale of Lloyds’ 600-branch sell off as well as part of its retail and mortgage banking mar [more]

Richard Desmond is readying to sell his portfolio of celebrity magazines, including Star, OK! and New!. [more]

The Land of Leather brand and associated assets have been put on the block two years after the business entered administration. In early 2009, administrators at Deloitte were called in after attempts to se [more]

Focus faces a partial sale as its US private equity owner looks to raise the funds necessary to roll out a store upgrade programme. [more]

A last minute sale has saved 37 people from redundancy following the administration of Manchester-based cosmetic surgery company Surgicare. [more]

Renowned bakery, Warbutons, is welcoming interest from companies who may want to buy its threatened Welsh factory. [more]

The home shopping business Express Gifts could be put up for sale by its owner Findel, which is carrying out a strategic review of its divisions. [more]

Assura, which owns and manages primary care properties across the United Kingdom, is seriously considering putting its chain of pharmacies up for sale, according to a report in the Manchester Evening News. Assura is thought to want to concentrate on its core property activities. The healthcare company owns 33 pharmacies around the UK, which together generate £31.1 million in annual sales - up around 16 per [more]

Asda has put 30 of its recently acquired Netto stores on the market in order to satisfy the Office of Fair Trading’s ru [more]

The UK life insurance and pensions arm of Dutch insurance group, Aegon, is the subject of disposal plans, with a £1.5 billion price tag being mooted, insiders [more]

Administrators for an East Anglian hotel chain have renewed optimism for finding buyers for the business, after successfully selling two properties in the chain’s portfol [more]

The assets of A1 Grand Prix have been placed on the market with the potential to re-launch the series in the future, after the parent company entered liquidation recently. [more]

It is considered likely that the BBC will sell its British magazines, to include Top Gear and the Radio Times, after a major strategic review at the corporation. [more]

EMI has put its famous Abbey Road recording studios in St John's Wood, London, on the market. It is understood a sale could bring in tens of millions of po [more]

As part of a strategic review, RBS is considering a sale and leaseback of Gogarburn, its headquarters in Scotland. [more]

Lloyds Banking Group could put two of its regional branch networks on the market, after the European Commission raised concerns over market share and the level of state aid it has received. [more]

Government ministers could look into the possibility of a whole or partial sale of the road network in the UK to the private sector, in order to generate cash. It is thought the move would also improve the management of the roads. [more]