Business Sale News

Shed Media in buyout talks with Time Warner

Fri, 02 Jul 2010 | BUSINESS SALE
Shares in Scottish television production company, Shed Media, had soared, with the news that it is in talks with Warner Brother Entertainment over a buyout estimated to be worth £75 million. The company – which was be... continue reading

Film24 up for sale after main shareholder withdraws funding

Mon, 28 Jun 2010 | BUSINESS SALE
Free-to-air channel Film24 has been placed on the market by its main shareholder Angad Paul, who chose to withdraw his funding support from the business last month. The channel, which is aired on Sky, offers films and other progr... continue reading

Fabric to continue after being bought out of administration

Fri, 25 Jun 2010 | BUSINESS SALE
London's Fabric nightclub has been rescued from administration by a newly formed company set up by one of its former investors. PricewaterhouseCoopers, the club's administrators, sold the parent company, Fabric 591, to ... continue reading

Internet business sale nets founder £500,000

Thu, 24 Jun 2010 | BUSINESS SALE
An entrepreneur who set up an eBay business selling seconds for the popular clothing company Superdry has been bought out by the latter's parent company for £500,000. Chris Griffin set up 888 Clothing in September 2... continue reading

Fords Bakery bought out of administration

Thu, 24 Jun 2010 | BUSINESS SALE
Fords Bakery Ltd has been bought out of administration for an undisclosed amount, safeguarding the positions of 87 employees. The East Lothian bakery entered administration after suffering from crippling financial problems caused... continue reading

Student Loan Company and other assets to be sold by UK Government

Wed, 23 Jun 2010 | BUSINESS SALE
Assets to be disposed of by the coalition government include the High Speed 1 rail link, Tote, the national bookmaker, air traffic control and the Student Loan Company. The sales will help to generate funds to begin replenishing ... continue reading

Struggling Dubai International Capital may sell UK companies

Sun, 20 Jun 2010 | BUSINESS SALE
Just days after Sameer Al Ansari, the chairman of Dubai International Capital, handed in his resignation, the international investment company has reportedly appointed Deloitte to review its UK operations. This could possibly lea... continue reading

Ireland government mulling sale of state businesses

Sun, 13 Jun 2010 | BUSINESS SALE
The Irish government is considering a sale of key state assets, and include ESB, the largest electricity utility; Bord Gáis, the gas utility and the Dublin Airport Authority. These latest options to reduce the Irish defic... continue reading

Moorhouse seeking insurance brokers to purchase

Thu, 10 Jun 2010 | BUSINESS SALE
Welsh insurance broker Moorhouse is planning to supplement its organic growth by acquiring another broker with up to £5 million of gross written premiums. This move will involve Moorhouse purchasing a firm that will fit we... continue reading

Nothumberland store saved by buy-out

Mon, 07 Jun 2010 | BUSINESS SALE
A Northumberland department store marked for closure following the collapse of retail chain, Vergo, has been offered a reprieve after it was bought by the JE Beale retail group. The 76 staff of Robbs department store in Hexham wi... continue reading

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