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UK Businesses For Sale

Somerfield could be broken up in a sale
04/03/2008

The Bristol-based supermarket chain Somerfield may be broken up after bids from Asda and the Co-op came in at less than the £2.5bn expected.

It has been suggested that the low bids are a strategy to encourage the group to break itself up as it is unlikely that Asda or the Co-op will want to buy all the stores.

There are 900 Somerfield stores in total across the UK, with plans to build 250 more.

In 2005, Somerfield was sold for £1.1bn to a private equity consortium including Robert Tchenguiz, Apax Partners and Barclays Capital.
BSkyB mulls a bid for Digital Plus
04 Jul 2008
British Sky Broadcasting (BSkyB), the British pay-TV group, is considering making a bid of €2.5bn fo...[more]
BA has bought French airline L'Avion
03 Jul 2008
British Airways has bought L'Avion, a privately owned French business-class airline that flies betwe...[more]
Sainsbury considers sale of pension scheme
01 Jul 2008
J Sainsbury's, Britain's third-largest supermarket group, is considering selling its pension scheme....[more]
Racal Acoustics looking at strategic options
01 Jul 2008
Racal Acoustics, the Harrow-based maker of military communications headsets, could be put up for auc...[more]
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