Business Sale News

Pret owner set to buy Côte

Mon, 29 Apr 2013 | BUSINESS SALE
Pret a Manger's owner, private equity firm Bridgepoint, is set to buy the brasserie restaurant chain Côte. Business tycoon Richard Caring currently owns Côte, but the business is looking for a buyer after undergo... continue reading

Horse Magazine sold by IPC

Fri, 26 Apr 2013 | BUSINESS SALE
IPC Media has confirmed that it has sold the Horse Magazine business to MyTimeMedia, with immediate effect. MyTimeMedia already owns some of the most popular hobby magazines in the UK, including Home Cinema Choice and Stamp Magaz... continue reading

Dow Chemicals to sell UK plastic plant

Thu, 25 Apr 2013 | BUSINESS SALE
US firm Dow Chemicals has put its plastics business in the UK up for sale. The company confirmed this week that a number of plants in the country are to be sold, including the plastic additive-producing site in Grangemouth, which... continue reading

Sale of Lloyds' branches collapses

Wed, 24 Apr 2013 | BUSINESS SALE
The sale of over 600 branches of Lloyds Banking Group to the Co-op Group has fallen through. Reports this morning (24 April) have confirmed that the deal is off, with the Co-op citing the ongoing economic downturn as the reason b... continue reading

Ashcourt Rowan to sell to Mattioli Woods

Tue, 23 Apr 2013 | BUSINESS SALE
Ashcourt Rowan is set to sell its pension trustee companies, which include Ashcourt Rowan Administration, to Mattioli Woods. Collectively the deal is thought to be worth in the region of £1.3 million and will include Ashcou... continue reading

Lloyds mulling sale of Menzies Hotels

Sun, 21 Apr 2013 | BUSINESS SALE
Lloyds banking group is mulling over the possible sale of Menzies Hotels, a group of 15 mid-range hotels spread across the UK from Aberdeen to Bournemouth. According to a recent report in the Sunday Times, the bank is in discussi... continue reading

Hilton Coylumbridge hotel for sale

Fri, 19 Apr 2013 | BUSINESS SALE
The Hilton Coylumbridge hotel, the largest hotel in its area of Badenoch and Strathspey, has been placed on the market with a £6.5 million price tag. The hotel, which has 175 bedrooms and is staffed by 100 people, was given... continue reading

Dental Buying Group bought by two investment firms

Thu, 18 Apr 2013 | BUSINESS SALE
Dental Buying Group (DBG) UK has recently been bought by investment firms Carlyle Group and Palamon Capital Partners. KPMG and a team from Pinsent Masons advised the previous owner Synova Capital on the sale, which also included ... continue reading

Burn Stewart Distillers bought by Distell

Tue, 16 Apr 2013 | BUSINESS SALE
Burn Stewart Distillers, the firm that makes the Ledeag and Torbermory whiskies, has been purchased by Distell for £160 million. South African drinks company Distell has signed a binding agreement with CL World Brands Ltd a... continue reading

Electra Partners acquires OAG

Tue, 16 Apr 2013 | BUSINESS SALE
Electra Partners, a private equity business, has acquired OAG from its former parent company UBM plc in a deal thought to be worth around £160 million. The deal was announced earlier this year when UBM first announced that ... continue reading

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