News: 2009 - written by Hanna Sharpe

New Look considers a sale - Wed, 30 Dec 2009
Permira and Apax are holding discussions over a potential private sale of high street retailer New Look and may discard plans for a £1.8bn stock market flotation in early [more]
Mortgage and IFA network Mortgage Times Group Limited is poised to enter administration. It has ceased trading and its advisers are no longer authorised to conduct regulated activities. [more]
Torith Limited, a Tayside-based long-established construction firm, which also runs civil engineering and property development businesses, has entered administration with the loss of over 80 jobs. [more]
Gordon Brown is to provide the details of the long-planned £16bn asset sell-off in this year's pre-budget report, to include the £25bn student loan book and the betting firm Tote, which have proved difficult [more]
Enterprise Group, along with its subsidiary companies Enterprise Broker Services and Edge v2, has entered administration. [more]
After recent failed attempts to sell its stores, Borders (UK) Limited has gone into administration. Philip Duffy, Geoff Bouchier and David Whitehouse of insolvency and restructuring firm MCR were appointed after its advisors BDO Stoy Hayward pulled out due to a conflict of interest. About 1,100 jobs have been put at risk at the 45-store bookseller, nine of [more]
The planned demerger of Cable & Wireless, due to take place in March next year, could lead to a sale of one or both of the units, according to repo [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]
EU competition commissioner Neelie Kroes has ordered Royal Bank of Scotland and Lloyds Banking Group to sell off their assets. [more]
One of the UK's largest providers of work-based apprenticeships and National Vocational Qualifications (NVQs) could be placed on the market for between £25m [more]
Lloyds Banking Group is going to sell Lloyds TSB Scotland as part of its agreement with the European Commission over the £17bn of state aid it received to help keep it running last [more]
Simple, the third largest skincare brand in the UK, has been put up for sale by its private equity owner Duke Street Capital after receiving several unsolicited approaches over the past year. [more]
Paragon Group, the leading lender to professional landlords, is looking to acquire loan books from financial institutions failing due to the recession. [more]
Upmarket home furnishings retailer Habitat faces being placed on the market as its parent company ICAF Antillen has began a strategic review amidst falling sales. [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]
Private equity firm Bridgepoint Capital has received several bids for its pet product retail chain Pets at Home, whilst considering options for the business including a stock market listing. [more]
Punch Taverns, the operator of over 8,000 British pubs, is to put 300 underperforming sites on the market. [more]
Leading British methadone producer Martindale Pharmaceuticals has been put on the block by its US parent company Cardinal Health. [more]
Tenon Recovery has hired Christie & Co. to sell Dark Star, the troubled hotel and bar operator and its well-known Buddha bar cha [more]
RSM Bentley Jennison has placed Moorgate Taverns, a division of Pubs 'n' Bars, into admin [more]