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News: October 2010

Successful outdoor clothing chain, GO Outdoors, is one of a number of companies understood to have approached beleaguered activity sports chain, Blacks, with a view to making a takeover offer. [more]
Industrial supplies distributor, James Lister & Sons, has been purchased in an MBO by the great great grandsons of the original ow [more]
Targetfollow has lost its recent battle in court against being pushed into administration. Lloyds Banking Group appointed Deloitte to proceed with the administration procedure for subsidiary Targetfollow Property Holdings after winning in the High Court case. [more]
A selection of pubs and hotels are on the market in the Cambridgeshire area. [more]
A £3 million loan has been granted to two businessmen to assist with their purchase of one of Belfast city centre's most important [more]
According to the new IPD/Society of Chartered Surveyors index, those who have invested in Irish commercial property have achieved far better returns that those investing in shares. [more]
A Perthshire hotel, owned by former personal chef to Nelson Mandela, Pete Gottgens, has entered administration. The award-winning Ardeonaig Hotel has subsequently been placed on the market [more]
A question mark is hanging over the future of employees and residents at three care homes, after their operator went into administration. Middlesex-based firm Charlton Care Homes, which owns three care homes in North [more]
A £150 million cash injection does not seem to be enough to save property development firm Targetfollow from falling into administra [more]
Less than one month since Quorn was put up for sale, Premier Foods is rumoured to be considering putting another of its businesses - Hovis - on the block. [more]
The Maypole Group, which operates five rural inns, is taking the first steps towards calling in the administrators after its bank demanded the repayment of loans. [more]
The planned Westfield shopping centre in Stratford, east London, is to be part sold to a new fund backed by some of the world’s largest property investo [more]
Portsmouth FC is celebrating a much-needed off-pitch triumph, after it was purchased out of administration with the Football League’s appro [more]
Northern Ireland's largest independent bus company has fallen into administrat [more]
Park Holidays UK, one of the country’s longest-established holiday home and caravan groups, has been put up for sale by its majority sharehol [more]
A manufacturer of body armour used by soldiers in Afghanistan and more than 25 police forces across the UK, has gone into administration having posted a pre-tax loss of £82 [more]
A recent report from property consultants Lambert Smith Hampton has revealed that the UK commercial property market is inundated with properties that were previously owned by councils across the country. [more]
Family-owned Stokes Plc, the UK’s largest independent greengrocer, has gone into administration, with the loss of more than 100 jobs. A buyer is now being sought for the business. Richard Hill and Joff Pope at KPMG have been appointed as joint administrators for the [more]
After fending off a recent takeover approach, manufacturer Tanfield is now expected to sell off the UK arm of its Smiths Electric Vehicles (SEV) division to its US office within the next two months. [more]
The Royal Bank of Scotland (RBS) has placed a 52-storey skyscraper project on Blackfriars Road into administration. [more]
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