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Fri, 26 Mar 2010 | ADMINISTRATION
Scottish airline Highland Airways has handed over the running of the business to PricewaterhouseCoopers, having entered administration.
Most of the firm's 100 employees will lose their jobs, while operations have been cancel... continue reading
Fri, 26 Mar 2010 | ADMINISTRATION
R3, the trade body for insolvency professionals, has accused the government of undermining the public’s confidence in the practice of pre-packaged administrations.
These are where businesses are put into administration and... continue reading
Thu, 25 Mar 2010 | BUSINESS SALE
Camelot, the National Lottery operator, has been bought out by Canadian pension fund Ontario Teachers’ Pension Plan (OTPP).
The sale is going ahead with a value of around £400 million and is the culmination of a sales... continue reading
Thu, 25 Mar 2010 | MBO/MBI
A deal has been struck to save all jobs at Hexagon Human Capital, involving a management buy-out funded partly by Barclays Ventures.
The senior management group at the business formed an as yet unnamed holding company to buy the ... continue reading
Thu, 25 Mar 2010 | ADMINISTRATION
Rail maintenance contractor Jarvis is set to enter administration following a dive in rail and plant hire volumes, effectively putting 2,000 jobs at risk.
Network Rail, the government-backed operator, decided to delay its track r... continue reading
Thu, 25 Mar 2010 | MERGER
The renewable energy sector has featured much more prominently in mergers and acquisitions within the utilities industry during 2009. The share of total sector value attributable to renewables deals rose from 17% in 2008 to 25% in... continue reading
Wed, 24 Mar 2010 | BUSINESS SALE
Lloyds Banking Group has announced it is planning to sell off large commercial property assets.
The assets were inherited as part of its takeover of HBOS and the sale is in response to an increase in commercial property values in... continue reading
Wed, 24 Mar 2010 | BUSINESS SALE
London sandwich chain Eat is exploring a sale of a portion of its business after having been approached by several third parties.
The potential suitors for the chain, which has expanded to over 100 outlets, reportedly include sev... continue reading
Tue, 23 Mar 2010 | BUSINESS SALE
US private equity group Blackstone is mooting the sale of its majority £1.4 billion stake in the British holiday chain Center Parcs, it has been reported.
The firm is currently exploring potential interest in the sale, tho... continue reading
Tue, 23 Mar 2010 | DIVISION SALE
US business lender GMAC Commercial Finance is disposing of its UK loan book as part of preparations to exit the country by the end of this year.
The US financier attracted media attention in 2008 when it, along with other lenders... continue reading
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Animalcare acquires new research programme for horses and dogs | BUSINESS SALE
York-based Animalcare Group plc has expanded its pipeline of...
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Coastal Dorset development site with planning permission comes to market | COMMERCIAL PROPERTY
A prime coastal development opportunity has been launched to...
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UK Government takes control of Speciality Steel after insolvency | ADMINISTRATION
Speciality Steel UK (SSUK) has been taken over by the UK gov...
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