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Thu, 16 Jan 2020 | MERGER
The proposed merger of listed companies Northgate and Redde has been approved by the two companies’ respective shareholders. The proposed merger was first mooted in November 2019.
Northgate is a hire business for light comm... 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
Tue, 14 Jan 2020 | ADMINISTRATION
Department store chain Beales is in talks with two potential buyers as it looks to avoid entering administration.
Beales CEO and owner Anthony Brown confirmed that the company was in talks with a venture capital firm and a rival... 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
Fri, 10 Jan 2020 | BUSINESS SALE
Teesside-based management consultancy firm Headway Point has acquired Cumbrian online catering supplier RG Distributors.
RG Distributors has two warehouses which total 20,000 square feet and specialises in supplying commercial... continue reading
Thu, 09 Jan 2020 | ADMINISTRATION
Scotland’s Leven Car Company has gone into administration and has appointed Stuart Robb and Michelle Elliott of Leonard Curtis Recovery Limited as it seeks a buyer.
The company employs 139 staff at showrooms in Costorphine... 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
Mon, 06 Jan 2020 | MBO/MBI
Warrington-based marketing company QBase has undergone a management buyout (MBO), led by its Chief Executive Rob Jones.
QBase founders Ian and Anita Johnstone have sold a majority stake of 77.8 per cent in the company to the MBO... continue reading
Fri, 03 Jan 2020 | ADMINISTRATION
Fashion retailer Joy has filed notice of its intention to appoint administrators, with reports suggesting it has put KRE Corporate Recovery on standby.
The retailer sells clothes and jewellery, among other fashion products, and ... continue reading
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Irish engineer Glanua buys UK energy specialist Marches Biogas | BUSINESS SALE
Irish engineering group Glanua has bought UK renewable energ...
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Bowers return with purchase of Humberside Lifting Services | BUSINESS SALE
Sector experts Ben Bowers and his father Malcolm have return...
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Management buy-in at historic Welsh engineering firm | MBO/MBI
Family-run engineering, fabrication and machining business A...
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