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Fri, 01 Mar 2013 | ADMINISTRATION
Sports Direct has rescued Republic out of administration, taking on 116 stores, the head office and saving over 2,100 jobs.
The deal, which has been agreed for an undisclosed sum, will safeguard the future of the Republic brand, ... continue reading
Thu, 28 Feb 2013 | BUSINESS SALE
A deal for the Co-operative Bank to purchase over 600 branches from Lloyds Banking Group could be scupppered by a £1 billion cash deficit.
The FSA had discovered the deficit in the Co-op’s capital reserves in an indus... continue reading
Thu, 28 Feb 2013 | BUSINESS SALE
Edinburgh Instruments (EI) has been sold to Techcomp, a Hong Kong-listed business, for £1.9 million.
The business is the first spin-out company from Heriot-Watt University and was founded in 1971. Professor Des Smith, the t... continue reading
Wed, 27 Feb 2013 | BUSINESS SALE
The Office of Fair Trading (OFT) has allowed the sale of Nakano UK Holding Limited's Burntwood vinegar plant in Staffordshire to Baxters Food Group Limited to go ahead.
The sale has been accepted "in order to remedy competit... continue reading
Wed, 27 Feb 2013 | COMMERCIAL PROPERTY
Buying commercial property could become an increasingly profitable investment with returns forecast to increase from four per cent to eight per cent in 2013.
The forecast comes from Aviva Investors, which has claimed that this bo... continue reading
Wed, 27 Feb 2013 | BUSINESS NEWS
The government has written proposals to put a stop to suppliers taking advantage of struggling businesses that have entered insolvency.
At the moment suppliers – of utilities and IT services for example – can terminat... continue reading
Tue, 26 Feb 2013 | ADMINISTRATION
Northampton-based Deane & Amos Group has entered administration after calling in insolvency experts Marshman Price to guide its financial situation.
The company had four divisions specialising in high-quality shopfitting, electri... continue reading
Tue, 26 Feb 2013 | ADMINISTRATION
Inchmarlo Golf Resort has entered provisional liquidation, with the appointment of KPMG to handle its affairs and the sale of its golf course.
The liquidator has made 25 of Inchmarlo’s 30-strong workforce redundant. The rem... continue reading
Mon, 25 Feb 2013 | BUSINESS SALE
The online payments provider and rival to Paypal, Skrill, is being prepared for a sale.
Skrill, which owns the Moneybookers brand, is expected to achieve up to £600 million in a sale. It has been in the hands of Investcorp,... continue reading
Mon, 25 Feb 2013 | BUSINESS SALE
Countryside Properties is preparing for a takeover move from US vulture fund Oaktree Capital Management.
The construction firm is one of Britain's leading house builders and sold in the region of 580 homes across the UK in ... continue reading
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Drainage and civil engineering firm acquired by environmental services group | BUSINESS SALE
Glanville Environmental, a South West-headquartered drainage...
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PE-backed accountancy completes 12th acquisition in three years | DIVISION SALE
Private equity-backed accountancy and professional services ...
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Gino D’Acampo restaurant operator sold out of administration in £5m deal | BUSINESS SALE
A hospitality business that operated a number of Gino D&rsqu...
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