Business Sale News

Peter Gabriel sells We7 to Tesco

Fri, 15 Jun 2012 | BUSINESS SALE
Former Genesis front man Peter Gabriel has sold We7, the free-to-listen internet radio service in which he holds a majority stake, to Tesco. Tesco has purchased a 91 per cent stake in We7 for £10.7 million, as part of its s... continue reading

Premier Foods to continue brand sell-off

Fri, 15 Jun 2012 | BUSINESS SALE
Premier Foods is continuing to sell a number of its brands in a bid to concentrate its strategy on eight 'power brands'. The latest news sees the firm sell Sarson's and Dufrais vinegars and Haywards pickles to Japa... continue reading

Phaidon Press seeks new owner

Wed, 13 Jun 2012 | BUSINESS SALE
Art and cookery book publisher Phaidon Press has drafted in investment bank Greenhill to search for a buyer. Richard Schlagman has owned the business since 1990 when he bought it after seeing it advertised in the Financial Times.... continue reading

Parr Street recording studios price reduced

Tue, 12 Jun 2012 | BUSINESS SALE
The price for Liverpool’s Parr Street recording studios and hotel has been drastically reduced to £1.9 million in an effort to stimulate interest in the sale. The site went on the market for £2.95 million in Sep... continue reading

FDM Group sale process to begin in autumn

Wed, 06 Jun 2012 | BUSINESS SALE
FDM Group, an IT services provider with many household name clients, is to be sold this autumn by its owner. Inflexion Private Equity purchased the Brighton-based IT firm for £33 million, taking it private in early 2010. It... continue reading

Football brand Umbro for sale

Fri, 01 Jun 2012 | BUSINESS SALE
England football kit maker Umbro has been placed on the market by its US owner Nike. A quick sale is being sought for the Manchester-based brand Umbro, along with the US shoe company Cole Haan. Both have enjoyed strong sales for ... continue reading

Hammersmith Apollo sold by HMV

Fri, 01 Jun 2012 | BUSINESS SALE
HMV has sold the Hammersmith Apollo to an American-German joint venture for £32 million, it has been confirmed. Stage C purchased the venue, which was originally opened back in 1932 but had been owned by HMV since 2010. Th... continue reading

Booker to benefit from purchase of struggling Makro UK

Thu, 31 May 2012 | BUSINESS SALE
Cash and carry food wholesaler Booker has agreed to purchase its struggling rival Makro UK from its German owner Metro in a cash and shares deal. Booker has offered £15.8 million cash and a 9.99 per cent stake in its own bu... continue reading

Clinton Cards sale deadline approaching

Thu, 31 May 2012 | BUSINESS SALE
Clinton Cards looks set to be sold by its administrator's deadline of 8 June, it has been revealed. Zolfo Cooper set the date although it is possible that the firm will be bought out of administration even earlier if all goe... continue reading

Bovey Castle hotel for sale

Tue, 22 May 2012 | BUSINESS SALE
The owners of luxury country house hotel Bovey Castle, situated in Dartmoor National Park in Devon, have hoisted up a for sale sign with a price tag of £17.5 million. Property investment firm Delancey bought the hotel in 20... continue reading

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