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Fri, 07 May 2010 | BUSINESS NEWS
The number of companies experiencing critical financial problems has risen to more than 160,000 in the first quarter of 2010, a 14 percent increase over the same period last year.
This is according to the accountants, Begbies Tr... continue reading
Fri, 07 May 2010 | DIVISION SALE
A fortified banking hub in Glasgow belonging to the Royal Bank of Scotland (RBS) has been put up for sale.
The 26,000 ft, six-storey Dale House on West George Street was an RBS cash and coin centre, supplying money to all branche... continue reading
Fri, 07 May 2010 | BUSINESS NEWS
The rate of failed businesses entering administration has fallen dramatically over the course of 12 months. In the first quarter of 2010, there were a total of 783 for England and Wales, compared with 1,311 in the same period last... continue reading
Thu, 06 May 2010 | BUSINESS NEWS
Targetfollow, the Norwich-based property developer and owner, is looking to offload part of its property portfolio, including London's landmark Centre Point tower.
The move to sell comes as the £700 million HBOS loan f... continue reading
Thu, 06 May 2010 | ADMINISTRATION
I-level, one of the most prominent digital media agencies in Britain, has been tipped into administration by its bosses after losing a crucial contract for government advertising.
It is thought that about £40m - a significa... continue reading
Wed, 05 May 2010 | MBO/MBI
Langholm Capital, the private equity owner of Tyrells Potato Chips and Dorset Cereals, has backed a management buy-out of Bart Spices for an undisclosed amount.
The firm financed the move led by Bart Spices' chief executive ... continue reading
Wed, 05 May 2010 | MBO/MBI
FinnCap, one of the City's fastest-growing brokerage houses, is under the total ownership of its staff after the completion of a £2.5 million management buy-out.
The deal, orchestrated by the company's chief execu... continue reading
Tue, 04 May 2010 | BUSINESS NEWS
The UK saw more private equity based mergers and acquisitions than any other part of Europe in the first quarter of this year.
This represents a significant 46% of the total European deal value, according to research by Unquote. ... continue reading
Tue, 04 May 2010 | BUSINESS SALE
Poundland's penny-wise ways have created big business for its owners, after the announcement of a £200 million buy-out by American private equity group, Warburg Pincus.
The discount fixed-price retailer was bought by A... continue reading
Tue, 04 May 2010 | DIVISION SALE
Harvester and All Bar One owner, Mitchells and Butlers, has appointed advisers to assist in the sale of about 300 wet-led pubs, which could raise a total of £500m for the group.
It is believed that Sapient Corporate Finance... continue reading
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Logistics firm to acquire Magnus Group warehousing operation | BUSINESS SALE
Hemisphere Freight Services (HFS), a family-owned logistics ...
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Yorkshire insurance brokerage makes first acquisition | BUSINESS SALE
Prosura, a Yorkshire-based business and lifestyle insurance ...
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Assets to be sold following scaffolding firm’s collapse | ADMINISTRATION
Administrators are seeking to sell the assets of a Midlands ...
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