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Inchmarlo Golf Resort in liquidation with buyers sought

Tue, 26 Feb 2013 | ADMINISTRATION
Inchmarlo Golf Resort has entered provisional liquidation, with the appointment of KPMG to handle its affairs and the sale of its golf course. The liquidator has made 25 of Inchmarlo’s 30-strong workforce redundant. The rem... continue reading



Paypal rival Skrill is being prepared for a sale

Mon, 25 Feb 2013 | BUSINESS SALE
The online payments provider and rival to Paypal, Skrill, is being prepared for a sale. Skrill, which owns the Moneybookers brand, is expected to achieve up to £600 million in a sale. It has been in the hands of Investcorp,... continue reading



US firm set to buy Countryside

Mon, 25 Feb 2013 | BUSINESS SALE
Countryside Properties is preparing for a takeover move from US vulture fund Oaktree Capital Management. The construction firm is one of Britain's leading house builders and sold in the region of 580 homes across the UK in ... continue reading



Luton, Cardiff and Belfast airports up for sale

Sun, 24 Feb 2013 | DIVISION SALE
Luton Airport, Cardiff Airport and Belfast Airport have been put up for sale by Abertis, the Spanish infrastructure conglomerate. The company has hired AZ Capital and Citigroup to explore options for its airports division that o... continue reading



Glasgow construction firms enters administration

Sat, 23 Feb 2013 | ADMINISTRATION
Two construction firms in Glasgow have entered administration due to ongoing difficulties with cash flow. William Crawford and Son and J&T Blacksmiths were both put into administration this week, with Begbies Traynor appointed to... continue reading



Carphone Warehouse considers sale of Phone House

Fri, 22 Feb 2013 | DIVISION SALE
The Carphone Warehouse, the largest retailer of mobile phones in Europe, is in discussions to sell its French operations, Phone House, as part of a review of its overall business, the Financial Times has reported. The review is i... continue reading



MetLife confirms UK business for sale

Fri, 22 Feb 2013 | BUSINESS SALE
MetLife Inc has confirmed that its British bulk annuity business, MetLife Assurance Ltd, is up for sale. The company, which is the largest US life insurer, has hired investment bankers from Citibank to run the UK business sale, w... continue reading



Axminster could enter administration

Thu, 21 Feb 2013 | ADMINISTRATION
Axminster Carpets could be the next big name to call in the administrators as the group looks for possible rescue solutions. The firm confirmed that it has filed an intention to appoint administrators, which it is using in order ... continue reading



Rank given official OK to buy 19 Gala casinos

Thu, 21 Feb 2013 | BUSINESS SALE
Rank has been granted permission to purchase 19 of Gala’s 23 UK casinos by the industry regulators. The Competition Commission released their final report this week after a provisional ruling in December, which said Rank wo... continue reading



Sutton commercial property to get facelift

Wed, 20 Feb 2013 | COMMERCIAL PROPERTY
Commercial property in Sutton could get a facelift if plans from Subsea 7 get the go-ahead. The engineering, services and construction contractor to the energy industry is in discussions with Sutton Council regarding the constru... continue reading



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