Business Sale News

Paisley hotel bought by Chinese investors

Wed, 30 Oct 2013 | BUSINESS SALE
A Chinese travel firm has bought the Watermill Hotel in Paisley, Scotland out of administration. The Watermill Hotel entered administration earlier this year, with Begbies Traynor appointed in January. The firm has now been bough... continue reading

Drugs company sold to AstraZeneca

Tue, 29 Oct 2013 | BUSINESS SALE
A drugs company that specialises in anti-cancer medication has been sold to AstraZeneca. Founded by a scientist from the University of Portsmouth and a former student, the business – Spirogen Ltd - was born out of research... continue reading

Shoreditch start-up business sold to eBay

Thu, 24 Oct 2013 | BUSINESS SALE
Shutl, an online courier company, has been sold to US auction site and retailer, eBay. The business, which was launched in 2009 and operated out of London's Shoreditch neighbourhood, specialises in providing a same-day deliv... continue reading

Hearts FC administrator to reboot negotiations

Wed, 23 Oct 2013 | BUSINESS SALE
Hearts FC's administrator has been given the go-ahead to start negotiating a CVA with the club's creditors. The troubled Edinburgh club applied to enter administration this summer citing difficulties paying its debts t... continue reading

Private equity firm buys Ambassador Theatre Group

Tue, 22 Oct 2013 | BUSINESS SALE
The Ambassador Theatre Group (ATG) has been bought by Providence Equity, a private equity business. ATG, founded in 1992, operates a number of theatres around the UK, including the Manchester Opera House and the Edinburgh Playhou... continue reading

£300m sale sought for Dr Martens boot maker

Fri, 18 Oct 2013 | BUSINESS SALE
Dr Martens could soon be sold on to a private equity buyer in a deal worth about £300 million. It is considered likely that the brand name will remain separate and the buyer would acquire a license to use it. Private equity... continue reading

Upmarket kitchen maker Smallbone heads for a sale

Mon, 14 Oct 2013 | BUSINESS SALE
Upmarket kitchen manufacturer Smallbone of Devizes is gearing up for a sale, after appointing advisers to explore its options. Its owner, the technology entrepreneur Leo Caplan, has appointed Cavendish Corporate Finance to advise... continue reading

Sanderson buys rival One iota for £5.4m

Tue, 08 Oct 2013 | BUSINESS SALE
Software firm Sanderson has purchased its rival One iota in a deal worth up to £5.43 million, with Yorkshire law firm Schofield Sweeney acting as Sanderson’s adviser. Sanderson has also placed over 6 million new share... continue reading

Gala to put bingo chain up for sale

Fri, 04 Oct 2013 | BUSINESS SALE
Gala Coral Group is set to sell its bingo club business, Gala Bingo, ahead of the group's planned flotation in a year's time. The Times newspaper reported that the company was in touch with investment banks last week to... continue reading

St Ives sells off its Bradford business

Mon, 30 Sep 2013 | BUSINESS SALE
St Ives has sold St Ives Direct Bradford (SIDB) to Cogent B2B in line with its plans to move away from the commoditised areas of the print market. The business has changed hands for £8 million, £3 million of which has... continue reading

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