Tue, 15 Sep 2020 | BUSINESS SALE
Fashion retailer Next has agreed a joint venture deal for the UK business of lingerie brand Victoria’s Secret. The joint venture, dubbed “JV”, was announced by L Brands, the US parent company of Victoria’s ... continue reading
Mon, 14 Sep 2020 | BUSINESS SALE
UK semi-conductor and software firm Arm Holdings has been acquired by American company Nvidia in a deal worth up to £31 billion ($40 billion). Nvidia will acquire the Cambridge-based business from SBG and the SoftBank Vision... continue reading
Sat, 12 Sep 2020 | BUSINESS SALE
CRM platform FLG has been acquired by ClearCourse Partnership LLP for an undisclosed amount, in a deal quite remarkable in that it was negotiated and concluded entirely remotely.
Founded in 2007 by John Jackson, FLG Business Tech... continue reading
Fri, 11 Sep 2020 | COMMERCIAL PROPERTY
Supercar and F1 racing group McLaren has engaged property agent Colliers to sell and lease back its iconic HQ in Surrey, as the group looks to raise over £200 million. McLaren is looking to improve its balance sheet after se... continue reading
Thu, 10 Sep 2020 | BUSINESS NEWS
Fashion retailer New Look has increased pressure on landlords to accept a restructuring deal, after failing to attract a buyer. The company said that while there had been some interests in certain of its assets, no bid was receive... continue reading
Wed, 09 Sep 2020 | BUSINESS SALE
Warrington-based Mercedes Van and Truck dealership Roanza Ltd has been acquired out of administration. Sarah O’Toole and Jason Bell of Grant Thornton’s Manchester office were appointed as administrator to Roanza Ltd an... continue reading
Tue, 08 Sep 2020 | BUSINESS SALE
AIM-listed technology services group The Panoply Holdings has acquired Newcastle-based digital transformation consultancy firm Difrent for an initial consideration of £8.8 million.
Difrent is a healthcare-focused consultan... continue reading
Mon, 07 Sep 2020 | COMMERCIAL PROPERTY
London-based property investment trust RDI has completed the sale of its portfolio of UK retail parks to M7 Real Estate Limited, on behalf of M7 Box+ II, in a £156.9 million deal.
The deal forms part of RDI strategy to str... continue reading
Fri, 04 Sep 2020 | BUSINESS SALE
Private equity fund Elaghmore has completed the acquisition of Kent-based signage business Blaze Signs. Blaze, which employs 250 staff and recorded £25 million in revenue for 2019, is headquartered in Broadstairs, Kent and a... continue reading
Thu, 03 Sep 2020 | BUSINESS SALE
Manchester-based bar and restaurant group East Coast Concepts has been acquired in a pre-pack sale by an investment group headed by Cairn Group director Naveen Handa.
East Coast Concepts employs around 250 staff and has five sit... continue reading
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Trouble brewing at Typhoo as it calls in administrators | ADMINISTRATION
Iconic tea brand Typhoo Tea has crashed into administration ...
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Powertrain specialist Lancereal drives forward with MBO | MBO/MBI
A four decades strong powertrain specialist has undergone a ...
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Debt collectors BPO take out loan to buy rival | BUSINESS SALE
Ayrshire-based debt recovery firm BPO Collections has receiv...
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