Wed, 04 Nov 2020 | DIVISION SALE
The new Sainsbury's boss has reportedly begun exploring the possible sale of its banking arm as the impact of low interest rates takes its toll. The bank was launched in 1997 and has more than two million customers across it... continue reading
Thu, 13 Aug 2020 | DIVISION SALE
Administrators have put three hotels in the North of England that were previously part of the Shepherd Cox Group on the market. Property consultancy Lambert Smith Hampton (LSH) has been instructed by administrators at Harrisons Bu... continue reading
Mon, 02 Mar 2020 | DIVISION SALE
Construction and development company Skanska has announced that it is seeking a buyer for its infrastructure services business, which includes its highways, rail and lighting-maintenance arms. The Sweden-based company said it is ... continue reading
Wed, 26 Feb 2020 | DIVISION SALE
Scottish engineering giant Weir Group is looking to sell its oil and gas business and focus its efforts on its mining division. A downturn in the American shale gas market saw Weir incur losses and a £546 million oil and h... continue reading
Wed, 15 Jan 2020 | DIVISION SALE
Power utility SSE has announced it has completed the sale of its retail arm SSE Energy Services to OVO Energy for £500 million. SSE will use the proceeds of £400 million cash plus a £100 million loan note to tr... continue reading
Mon, 13 Jan 2020 | DIVISION SALE
Britain’s largest building materials group Travis Perkins has sold its wholesale plumbing and heating business Primaflow F&P to specialist distribution group Newbury Investments for £46 million. Travis Perkins says t... continue reading
Wed, 08 Jan 2020 | DIVISION SALE
Online gaming platform operator Nektan Plc has announced that its administrators PCR London LLC have sold its UK B2C business to Grace Media for £200,000. The sale forms part of Nektan’s wider restructuring and comes... continue reading
Tue, 07 Jan 2020 | DIVISION SALE
Galliford Try has completed the sale of its housebuilding business to Bovis Homes PLC in a transaction valued at approximately £1.1 billion. The deal value includes shares, a debt transfer and a cash payment of £300 mi... continue reading
Thu, 02 Jan 2020 | DIVISION SALE
Wealth management firm Quilter has completed the sale of Quilter Life Assurance (QLA) to ReAssure Group for £445 million. The deal was first announced in August of 2019 for an agreed fee of £425 million, the addition... continue reading
Mon, 16 Dec 2019 | DIVISION SALE
Building services contractor NG Bailey has acquired Schneider Electric’s Substation Engineering Services (SES) division. Schneider is a provider of power engineering and facilities solutions, with its SES division operatin... continue reading
Fife-based renewables engineering firm Burntisland Fabricati...
Acquisitive science and technology firm SDI Group has bought...
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