Division Sale News

Allianz announces home insurance deal with L&G

Tue, 30 Apr 2019 | DIVISION SALE
Allianz has revealed that they're holding "exclusive talks" with Legal & General amid plans to buy their home insurance business for up to £350 million. The German insurance giant has stated that it is in advanced talk... continue reading

BT to sell off its fleet division

Sat, 10 Nov 2018 | DIVISION SALE
BT Group is preparing to sell its fleet management arm encompassing 333,000 BT and Openreach-branded vehicles. The deal is anticipated to provide hundreds of millions of pounds for the telecom provider. Although in its early sta... continue reading

South Yorkshire outsourcing specialist sells division

Thu, 23 Aug 2018 | DIVISION SALE
Outsourcing specialist, Parseq has sold its contact centre division to Kura Group, a customer services outsourcer based in Scotland. The sale was led by executive chairman and CEO Rami Cassis and is said to have created “sig... continue reading

Food giant to potentially sell parts of its business

Thu, 19 Jul 2018 | DIVISION SALE
Facing mounting debt and unpopular management, Premier Foods is considering the sale of parts of its business. Its chairman Keith Hamill said: “I don’t think anything is off the table,” noting that Premier Food... continue reading

Pub group looking to sell its commercial property division

Fri, 13 Jul 2018 | DIVISION SALE
Ei Group, the UK’s largest pub company, is looking to sell its commercial property division which has a potential valuation of up to £300 million. Formerly known as Enterprise Inns, Ei Group has appointed Rothschild ... continue reading

Trading up for Menzies as search for buyer continues

Fri, 18 May 2018 | DIVISION SALE
Logistics group John Menzies has reported that is trading ahead of last year as it continues to search for a buyer for its newspaper and magazine distribution arm. Ahead of the firm's AGM, the company announced that it is ho... continue reading

Thomas Cook considers sale of Club 18-30

Tue, 15 May 2018 | DIVISION SALE
Thomas Cook has announced it may consider selling its Club 18-30 brand following the 2018 summer season after 20 years of ownership. According to a company spokeswoman, the leading holiday firm remains "committed" to Club 18-30 f... continue reading

CMG considers sale of specialist care business

Thu, 05 Apr 2018 | DIVISION SALE
The owners of the Care Management Group (CMG) have engaged an investment bank to help explore the sale of its dedicated care business in a deal expected to be worth around £150 million to £250 million. CMG, which is ... continue reading

Outsourcing giant plans £700m asset sale

Wed, 14 Mar 2018 | DIVISION SALE
One of the country’s largest outsourcing players, Capita, is planning to sell off nearly £700 million worth of assets, as well as a discounted rights issue for the same sum, in order to stave off spiralling debt. The... continue reading

William Hill gives up Australian business in £170m deal

Tue, 06 Mar 2018 | DIVISION SALE
One of the world’s largest betting companies has sold off its Australian business following a crackdown on the country’s gambling laws. A ban on credit betting – where customers are leant money at an interest r... continue reading

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Highway Care sold to Swedish road safety peer Ramudden Global | BUSINESS SALE

A Dartford-headquartered provider of road safety services Hi...

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Wilson Partners, an accounting, tax and corporate finance fi...

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Licensed home textile company, Character World Brands, has b...

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