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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
Wed, 04 Apr 2018 | BUSINESS SALE
High street DIY chain Homebase is up for sale, after its Australian owner has begun sounding out potential buyers just two years after its ill-fated acquisition of the firm.
Australian giant Wesfarmers bought Homebase in 2016 for... continue reading
Tue, 03 Apr 2018 | MERGER
Shares in French car manufacturer Renault have surged 5.4 per cent following the release of a report that suggests the firm is negotiating a merger with Nissan with a view to creating a global automotive giant.
The businesses ori... continue reading
Fri, 30 Mar 2018 | ADMINISTRATION
T.O.M Group, a commercial vehicle hire and sales business, has announced it has gone into administration and ceased trading as a result of challenging trading conditions in recent months.
Colin Dempster and Fiona Taylor from the... continue reading
Thu, 29 Mar 2018 | ADMINISTRATION
The firm that owns several discount alcohol shops – including Bargain Booze and Wine Rack – has announced that it will file for administration in the next two weeks, after dwindling revenues have put it in a precarious... continue reading
Wed, 28 Mar 2018 | MBO/MBI
The management team at an industrial manufacturing firm based in County Durham have successfully acquired the business through a buyout supported by a consortium of finance providers.
The management buyout (MBO) at North East She... continue reading
Tue, 27 Mar 2018 | ADMINISTRATION
Kerryfresh announced the appointment of administrators on 23rd March after falling into financial difficulty as a result of "the failure of Palmer & Harvey".
Allan Graham and Ben Wiles of Duff & Phelps were appointed joint admini... continue reading
Mon, 26 Mar 2018 | BUSINESS SALE
The Prezzo restaurant chain has announced that creditors have officially backed a proposal that will see the group close 94 of its restaurants, which amounts to around one third of the chain's sites.
The decision, which is e... continue reading
Fri, 23 Mar 2018 | BUSINESS NEWS
Fashion retail chain New look has announced it will cut 980 jobs and close 60 stores around the UK as part of a plan to restructure the firm following talks with creditors over ongoing financial issues
According to a company spok... continue reading
Thu, 22 Mar 2018 | ADMINISTRATION
A Blackburn-based producer of aluminium products has entered administration after an exacting contract dragged down the company’s finances.
S.G. Aluminium, a firm that not only produces but also installs architectural alumi... continue reading
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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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Cardo Group steps up expansion drive with Scottish deal | BUSINESS SALE
Cardo Group has made its first move into Scotland with the a...
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IG Group buys investment platform Freetrade | BUSINESS SALE
Listed firm IG Group Holdings has bought investment platform...
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