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Mon, 25 Jun 2012 | BUSINESS SALE
A popular hotel chain is putting one of its feature hotels up for sale after its owners have reportedly decided to 'concentrate on other business interests'.
The Big Sleep Hotel chain, which is predominantly owned by Cosmo Fry, h... continue reading
Fri, 22 Jun 2012 | DIVISION SALE
Efforts to sell Premier Foods’ Hartley’s jams continue as part of its plan to reduce its bank loans totalling £1.4 billion.
US natural and organic food group Hain Celestial is in the lead position for the purchase. Its bid i... continue reading
Fri, 22 Jun 2012 | ADMINISTRATION
Camelot Healthcare Ltd, operator of four care homes in Cheltenham, has been placed into administration.
The administrators Kerry Bailey, Jonathan Newell and James Money of PKF Accountants & Business Advisers were drafted in to se... continue reading
Thu, 21 Jun 2012 | DIVISION SALE
Fitness First has escaped administration after its landlords agreed to reduce their rent bills by over 70 per cent.
KPMG has guided the chain into a CVA, which will enable it to pay between 23p and 28p for every £1 that it owes.... continue reading
Thu, 21 Jun 2012 | MERGER
The ongoing attempts by Ryanair to buyout Aer Lingus have hit another wall with the smaller airline shooting down a surprise bid from Michael O'Leary's firm.
Ryanair made an offer valuing the airline at €694 million (£560 mill... continue reading
Wed, 20 Jun 2012 | BUSINESS SALE
Alliance Boots is to sell a 45 per cent stake to its US larger equivalent Walgreens for $6.5 billion in a tie-up that Stefano Pessina, head of Boots, has wanted for a long time.
The deal is to take place in two stages and may lea... continue reading
Wed, 20 Jun 2012 | COMMERCIAL PROPERTY
Property developer Hammerson is to redefine its approach to commercial property and is moving away from the office market in order to specialise in retail property.
As part of this plan, the firm has sold the majority of its offi... continue reading
Wed, 20 Jun 2012 | ADMINISTRATION
One of the North East's best-known bakers has entered administration, putting more than 100 jobs at risk.
Based at Burnopfield, pie-maker Tindale & Stanton has been taken over by administrators from Sheffield-based The P&A Partne... continue reading
Tue, 19 Jun 2012 | MBO/MBI
A £19.6 million buyout of Bell Pottinger led by Lord Bell has gained majority approval by the shareholders of Chime Communications. 18 senior managers and two unnamed private individuals backed the buyout.
Lord Bell is to chair ... continue reading
Tue, 19 Jun 2012 | BUSINESS SALE
Dairy giant Müller has purchased Shropshire creamery Minsterley in a £4.3 million deal.
The purchase will see Müller take over the 26 acre plant in January 2013. Workers at the plant will be retained, while the range of produc... continue reading
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PE firm generates 3.3x return with furniture manufacturer exit | BUSINESS SALE
Lancashire upholstered furniture manufacturer Buoyant Uphols...
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Aerospace engineering firm acquired by Indian group in £11.89m deal | BUSINESS SALE
Bromford Precision Solutions Limited, a Leicester-headquarte...
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Midlands IT firms merge and plan M&A expansion | MERGER
A pair of IT companies based in the Midlands have merged, wi...
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