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Tue, 28 Jun 2011 | MBO/MBI
Lincolnshire-based paper sack maker DS Smith Sacks has been acquired in a management buy-out deal, securing 83 jobs.
The deal was arranged by Queensgate Management, and involved DS Smith Sacks, a division of DS Smith, being bough... continue reading
Tue, 28 Jun 2011 | ADMINISTRATION
Department store chain TJ Hughes filed its intention to appoint an administrator yesterday amidst extremely tough high street trading conditions.
Private equity group Endless bought the beleaguered retailer just three months ago,... continue reading
Tue, 28 Jun 2011 | BUSINESS NEWS
True their names, turnaround investors are helping to turn around the British economy, after investing nearly £1 billion in distressed and failing companies during the last twelve months.
The investors are stepping in... continue reading
Mon, 27 Jun 2011 | ADMINISTRATION
Three weeks after being put on the market, troubled clothing retailer Jane Norman has just been placed into administration and faces being sold though a pre-pack administration deal.
The fashion retailer closed its 90 stores on S... continue reading
Mon, 27 Jun 2011 | DIVISION SALE
The Habitat brand and the company's three leading London stores have been bought by the Home Retail Group, which already owns Argos and Homebase.
The deal was struck at the end of the day on Friday, with the rest of the com... continue reading
Mon, 27 Jun 2011 | BUSINESS NEWS
Government proposals are piling the pressure onto [prepack] administration deals, in a move that could help to open the market to more business buyers who are interested in the distressed market.
The draft statutory instrument w... continue reading
Fri, 24 Jun 2011 | ADMINISTRATION
Concerns have emerged that the numbers of companies entering administration will rise significantly if the new plans for administrators giving creditors a three-day notice period goes ahead.
PwC partner Mike Jervis said, “I... continue reading
Fri, 24 Jun 2011 | ADMINISTRATION
Home furniture group Homeform, and owner of brands Moben Kitchens, Dolphin Bathrooms and Sharps Bedrooms, is heading for administration.
Homeform has nearly secured a deal that will ensure the continuation of its Sharps and Kitch... continue reading
Thu, 23 Jun 2011 | BUSINESS SALE
The owner of some of the UK's highest profile racecourses, Arena Leisure Plc, has confirmed that it is reviewing options for its future that could include a sale of the company.
Arena, which counts Lingfield Park, Royal Win... continue reading
Thu, 23 Jun 2011 | MERGER
Stonegate Pub Company and Town & City Pub Company have merged to create a 560-public house portfolio.
Stonegate was created in November 2010 with 333 pubs that private equity firm TDR Capital purchased from Mitchells & Butlers fo... continue reading
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Westcotts buys agricultural specialists Douglas Green | BUSINESS SALE
South West chartered accountants and business advisers Westc...
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Palletower continues acquisition spree with Alternative buy | BUSINESS SALE
Sale-based storage and logistics equipment provider Palletow...
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Ilkley Brewery bought out of administration | BUSINESS SALE
Businessman Graham Smith, has agreed an investment deal with...
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