Mon, 02 Mar 2020 | DIVISION SALE
Construction and development company Skanska has announced that it is seeking a buyer for its infrastructure services business, which includes its highways, rail and lighting-maintenance arms.
The Sweden-based company said it is ... continue reading
Wed, 26 Feb 2020 | DIVISION SALE
Scottish engineering giant Weir Group is looking to sell its oil and gas business and focus its efforts on its mining division.
A downturn in the American shale gas market saw Weir incur losses and a £546 million oil and h... continue reading
Wed, 15 Jan 2020 | DIVISION SALE
Power utility SSE has announced it has completed the sale of its retail arm SSE Energy Services to OVO Energy for £500 million.
SSE will use the proceeds of £400 million cash plus a £100 million loan note to tr... continue reading
Mon, 13 Jan 2020 | DIVISION SALE
Britain’s largest building materials group Travis Perkins has sold its wholesale plumbing and heating business Primaflow F&P to specialist distribution group Newbury Investments for £46 million.
Travis Perkins says t... continue reading
Wed, 08 Jan 2020 | DIVISION SALE
Online gaming platform operator Nektan Plc has announced that its administrators PCR London LLC have sold its UK B2C business to Grace Media for £200,000.
The sale forms part of Nektan’s wider restructuring and comes... continue reading
Tue, 07 Jan 2020 | DIVISION SALE
Galliford Try has completed the sale of its housebuilding business to Bovis Homes PLC in a transaction valued at approximately £1.1 billion. The deal value includes shares, a debt transfer and a cash payment of £300 mi... continue reading
Thu, 02 Jan 2020 | DIVISION SALE
Wealth management firm Quilter has completed the sale of Quilter Life Assurance (QLA) to ReAssure Group for £445 million.
The deal was first announced in August of 2019 for an agreed fee of £425 million, the addition... continue reading
Mon, 16 Dec 2019 | DIVISION SALE
Building services contractor NG Bailey has acquired Schneider Electric’s Substation Engineering Services (SES) division.
Schneider is a provider of power engineering and facilities solutions, with its SES division operatin... continue reading
Sun, 15 Dec 2019 | DIVISION SALE
Power utility SSE has announced it has completed the sale of its retail arm SSE Energy Services to OVO Energy for £500 million.
SSE will use the proceeds of £400 million cash plus a £100 million loan note to tr... continue reading
Fri, 06 Dec 2019 | DIVISION SALE
Professional services network KPMG has announced that it has reached a conditional agreement to sell its pensions practice to Newco, in a private equity-backed MBO.
The deal is backed by private equity firm Exponent, along with K... continue reading
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Next puts headquarters and three warehouses up for sale | COMMERCIAL PROPERTY
Fashion retailer Next has put its head office and three ware...
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Sheffield-based cafe chain falls into administration | ADMINISTRATION
Sheffield-based cafe chain Massarella Gelaterie Ltd has been...
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Coronavirus Business Interruption Loan Scheme to cover business acquisitions | BUSINESS NEWS
The UK government has launched the Coronavirus Business Inte...
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