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Mon, 27 Jun 2011 | BUSINESS NEWS
Government proposals are piling the pressure onto [prepack] administration deals, in a move that could help to open the market to more business buyers who are interested in the distressed market.
The draft statutory instrument w... continue reading
Fri, 24 Jun 2011 | ADMINISTRATION
Concerns have emerged that the numbers of companies entering administration will rise significantly if the new plans for administrators giving creditors a three-day notice period goes ahead.
PwC partner Mike Jervis said, “I... continue reading
Fri, 24 Jun 2011 | ADMINISTRATION
Home furniture group Homeform, and owner of brands Moben Kitchens, Dolphin Bathrooms and Sharps Bedrooms, is heading for administration.
Homeform has nearly secured a deal that will ensure the continuation of its Sharps and Kitch... continue reading
Thu, 23 Jun 2011 | BUSINESS SALE
The owner of some of the UK's highest profile racecourses, Arena Leisure Plc, has confirmed that it is reviewing options for its future that could include a sale of the company.
Arena, which counts Lingfield Park, Royal Win... continue reading
Thu, 23 Jun 2011 | MERGER
Stonegate Pub Company and Town & City Pub Company have merged to create a 560-public house portfolio.
Stonegate was created in November 2010 with 333 pubs that private equity firm TDR Capital purchased from Mitchells & Butlers fo... continue reading
Wed, 22 Jun 2011 | COMMERCIAL PROPERTY
Following its fall into administration earlier this year, the Crowne Plaza Hotel in London’s Shoreditch has been put up for sale as a going concern.
The 196-bedroom hotel – which was owned and operated by Irish prope... continue reading
Wed, 22 Jun 2011 | BUSINESS NEWS
The high street is bracing itself for another wave of company failures as quarterly rents are due this Friday. Entrepreneurial predators can, therefore, expect several opportunities to make acquisitions over the coming weeks.
Qua... continue reading
Wed, 22 Jun 2011 | ADMINISTRATION
Administrators are hoping to secure a quick sale of Sunderland-based pub company, Bar Operations Ltd, after it was placed into administration yesterday.
It is intended that the company - which owns the popular city centre haunt,... continue reading
Tue, 21 Jun 2011 | BUSINESS NEWS
KPMG has recently reported a change in approach to helping distressed businesses. Over the past year specialist turnaround investors have injected nearly £1 billion into struggling businesses to help them stay solvent.
This... continue reading
Mon, 20 Jun 2011 | COMMERCIAL PROPERTY
Following the administration of the von Essen hotel owner, two of Cumbria's most exclusive hotels have been put onto the market.
Christie & Co, which is acting as administrators for von Essen, has put Sharrow Bay and The Sa... continue reading
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Weir Group completes acquisition of Townley Engineering | BUSINESS SALE
Global engineering solutions provider, Weir Group, has offic...
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Carlyle acquires UK wealth-tech provider intelliflo in $200m deal | BUSINESS SALE
Global investment firm Carlyle Group has agreed to acquire L...
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Gloucester electricals distributor enters administration | ADMINISTRATION
South West-based distributor John Gillman & Sons (Electrical...
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