Wed, 18 Mar 2020 | ADMINISTRATION
Home furnishings and fashion retailer Laura Ashley has filed for administration after the impact of coronavirus meant it failed to secure funding.
Talks over the retail group securing funding to continue trading had been at an a... continue reading
Tue, 17 Mar 2020 | BUSINESS SALE
American retail giant Walmart is closing in on a sale of UK supermarket chain Asda, with three private equity firms reportedly proceeding to the next round of bidding.
Apollo Global Management, Lone Star Funds and TDR Capital (w... continue reading
Mon, 16 Mar 2020 | ADMINISTRATION
Building developer Elliot Group has placed three stalled developments into administration after running into funding problems.
Liverpool-based Elliot Group has been in the midst of a police investigation into allegations against... continue reading
Fri, 13 Mar 2020 | BUSINESS SALE
Menswear tailoring business Moss Bros is to be taken private in a £22.6 million deal by Brigadier Acquisition Company.
Brigadier is controlled by Crew Clothing owner Menoshi Shina and has agreed to pay 22p a share for Moss... continue reading
Thu, 12 Mar 2020 | BUSINESS SALE
Countrywide has announced that it is seeking a new buyer for commercial real estate consultancy Lambert Smith Hampton (LSH), after a deal to sell it to property entrepreneur John Bengt Moeller failed to complete.
Countrywide an... continue reading
Wed, 11 Mar 2020 | BUSINESS NEWS
In the Budget 2020, Chancellor Rishi Sunak has announced that the lifetime limit of Entrepreneurs’ Relief tax will be cut from £10 million to £1 million.
Sunak said that he had reviewed the tax and heard repres... continue reading
Wed, 11 Mar 2020 | BUSINESS SALE
West Yorkshire party supplies wholesaler Iparty Ltd has been acquired out of administration by Party Centric Ltd.
Shipley-based Iparty Ltd was established in 2015 when part of the Regent Greeting Cards company was acquired out of... continue reading
Tue, 10 Mar 2020 | BUSINESS SALE
Administrators of the parent company of high-street wine merchants Oddbins, Whittalls Wines Merchants and Wine Cellar Trading remain hopeful that a significant number of stores can be sold to a preferred bidder.
EFB Retail Ltd.,... continue reading
Fri, 06 Mar 2020 | ADMINISTRATION
East-London-based fashion label House of Holland has appointed advisory firm KPMG as administrators and said it is seeking “additional investment” in order to continue trading.
The label, founded by designer Henry Ho... continue reading
Thu, 05 Mar 2020 | ADMINISTRATION
UK airline Flybe has gone into administration after it failed to secure financial support amid impact on air travel demand from the coronavirus outbreak.
Alan Hudson, Joanne Robinson, Simon Edel and Lucy Winterborne of the restr... continue reading
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PE-backed Carton Pack wraps up Clifton Packaging deal | BUSINESS SALE
Leicester-based food packaging firm Clifton Packaging has be...
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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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