Business Sale News

Administrators seek buyer for motor parts supplier

Tue, 22 May 2012 | BUSINESS SALE
Administrators are looking for a buyer for Richard C Hartley, an independent motor accessory and parts supplier in the North and Midlands. The firm, which trades as Motormania and Midland Car Parts, was established 25 years ago a... continue reading

AEG is preferred bidder for HMV Live

Mon, 21 May 2012 | BUSINESS SALE
AEG, the American entertainment giant, has been granted preferred bidder status for HMV Live, it has been revealed. The live venue business was put up for sale towards the end of 2011 in a bid to generate cash to help the struggl... continue reading

Is a sale on the cards for Cardiff Airport?

Thu, 17 May 2012 | BUSINESS SALE
It has been suggested that Cardiff Airport could be for sale before long if it fails to organise its affairs and set itself up for a more profitable future. Speaking on BBC Wales' Week In Week Out programme, Welsh First Min... continue reading

London Clubs International attracts potential buyers

Wed, 16 May 2012 | BUSINESS SALE
Casino firm London Clubs International (LCI) has been put up for sale with a price tag of up to £160 million. Goldman Sachs and PwC are on the scene to manage the sale process for LCI, which relaunched the Rendezvous Casino... continue reading

Rouse Readimix takeover proves successful

Tue, 15 May 2012 | BUSINESS SALE
The takeover of Rouse Readimix by Breedon Aggregates in 2011 has given a new lease of life to the ready-mixed concrete business. Almost a year after Breedon Aggregates bought the firm out of administration in a £10 million ... continue reading

Sale agreed for Rangers

Mon, 14 May 2012 | BUSINESS SALE
A deal has been agreed to sell Rangers Football Club out of administration, it has been confirmed. Charles Green, former Sheffield United chief executive, has agreed to buy the Scottish Premier League side with an £8.5 mill... continue reading

YGM Trading buys Aquascutum

Fri, 11 May 2012 | BUSINESS SALE
British luxury fashion brand Aquascutum has been bought by a subsidiary of Hong Kong-listed YGM Trading. Aquascutum was placed into administration last month and exclusive talks commenced last week between the administrators and ... continue reading

Ascribe examines potential sale

Fri, 11 May 2012 | BUSINESS SALE
Bolton-based healthcare software provider Ascribe has brought in US investment bank William Blair & Company to act as adviser on a potential sale. The potential sale is to be looked into as part of a strategic review. It is under... continue reading

Potential sale on the cards for Pure Gym

Tue, 08 May 2012 | BUSINESS SALE
Pure Gym could be for sale in the near future as the firm has recently appointed corporate finance house Hawkpoint to review its business. The company is known for providing an alternative approach to gym membership. Instead of t... continue reading

Chinese firm to buy 60pc stake in Weetabix

Fri, 04 May 2012 | BUSINESS SALE
A Chinese firm has agreed to buy a 60 per cent stake in Weetabix, the UK's second biggest maker of breakfast cereals. Shanghai-based Bright Food purchased the majority stake in the firm in a deal which puts a value of £... continue reading

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