Thu, 16 Sep 2010 | BUSINESS SALE
Following last week's administration of property services company Connaught, companies are submitting offers to buy sections of the business.
Construction firm Morgan Sindall has already bought the troubled social housing division for £28 million and several bids have been made for the compliance and environmental operations, which are trading as normal and could be worth up to £200 million.
A source said there had been 'an absolute stack of interest,' including offers from several middle-market private equity firms.
The splitting of the business is providing opportunities for companies to pick off specific divisions to absorb into their existing operations.
Represents an opportunity for a hospitality acquirer seeking a restaurant with additional takeaway in Harrow.
LEASEHOLD
Wedding venue business with accommodation and large restaurant for sale in Cambridgeshire. With a capacity for up to 110 wedding guests, the16th Century traditional building boasts original features, open fireplaces, exposed beams and elegant interio...
LEASEHOLD
Restaurant for sale in Hartley Wintney, Hampshire. Offering a 3-bed flat, a large car park, and a detached property.
LEASEHOLD
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