Fri, 23 Oct 2020 | BUSINESS NEWS
Worcestershire-based carpet maker Victoria has secured investment of up to £218 million from US-based Koch Industries to support its ongoing acquisition drive. The agreement also includes an option to secure a further £... continue reading
Tue, 06 Oct 2020 | BUSINESS NEWS
The UK’s economic recovery faltered in September due to the Eat Out to Help Out scheme ending and the renewal of lockdown restrictions. Business profits remained unchanged from a month earlier, down 21 per cent, while busine... continue reading
Mon, 28 Sep 2020 | BUSINESS NEWS
Mutually-owned life insurer LV= has confirmed that it is in talks with several parties regarding a potential takeover. The group, which is the UK’s third largest mutual insurance business, sold its general insurance business... continue reading
Thu, 24 Sep 2020 | BUSINESS NEWS
Roadside assistance provider the AA has said it is in talks over a possible all-cash acquisition by a consortium of private equity firms Towerbrook Capital Partners and Warburg Pincus.
The company also said that talks with Cente... continue reading
Thu, 24 Sep 2020 | BUSINESS NEWS
Chancellor Rishi Sunak has today unveiled a raft of new measures to support the UK economy during the COVID-19 crisis, including the Job Support Scheme. The new scheme will in effect replace the Coronavirus Job Retention Scheme (f... 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, 26 Aug 2020 | BUSINESS NEWS
Liverpool-based hotel firm Signature Living has said it has secured a deal to “protect all areas of [its] business and investors” and is looking to open four new hotels, creating 500 jobs. The company, owned by Lawrenc... continue reading
Fri, 21 Aug 2020 | BUSINESS NEWS
The Zurich-based parent company of student and youth travel agency STA Travel, which has 52 UK stores, has filed for insolvency and appointed an external administrator. Swiss holding company STA Travel Holding AG, which is owned b... continue reading
Mon, 17 Aug 2020 | BUSINESS NEWS
Mike Ashley’s Frasers Group has reportedly bid in excess of £30 million to acquire DW Sports from administrators. Dave Whelan’s DW Sports, which operated 73 gyms and 75 stores and employs over 1,700 people, went ... continue reading
Wed, 12 Aug 2020 | BUSINESS NEWS
Retailer and wholesaler Baird Group, the license holder for brands including Suit Direct, Ben Sherman and Jeff Banks, has received creditor approval to proceed with a company voluntary arrangement (CVA). Around 94 per cent of the ... continue reading
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Apr
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Household goods retailer Lakeland undergoes a management buyout | MBO/MBI
Windermere-based family-owned household goods retailer, Lake...
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Apr
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Manchester tech firm Wakelet bought out of administration | BUSINESS SALE
A Manchester technology company has been bought out of admin...
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17
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Apr
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Nutrition company Science in Sports bought by investment firm for £82 million | BUSINESS SALE
Nutrition specialist Science in Sport (SiS) has agreed to be...
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