Division Sale News

It has been widely reported that telecommunications firm BT has been forced to sell its cable-making arm as part of a wider effort to simplify its business following a string of financial setbacks. [more]
Thomson Reuters is in advanced talks regarding the sale of a 55 per cent stake in the Financial and Risk division of its business to US private equity firm Blackstone. [more]
One of the UK’s most prestigious car manufacturers could dispose of one of its European subsidiaries in a deal anticipated to be worth £700 million as its new CEO continues to restructure [more]
Travel company Minoan is weighing up plans to sell its Scottish business in a deal that could be worth £1.3 million, requiring extra funds to pay off a corporate [more]
An engineering business based in Derbyshire is hoping to sell off a range of railway and train-related assets, after it ceased trading earlier this year. [more]
A healthcare provider will close many of its retail locations across the UK while bundling up its independent living business for a sale, the firm’s management confirmed this w [more]
Recent losses and business failings may force UK driving firm the AA into selling off several ailing parts of its business, including its driving schools, road signs and maps divisions. [more]
New York-based publisher Time Inc is set to put up its British business and several magazines, including NME, Marie Claire and Horse & Hound, up for sale in order to cut co [more]
UK outsourcing firm Mitie has announced plans to sell its property management business and cut almost 500 jobs as part of wider plans to transform the company and turn a profit by the end of 2017. [more]
A Gloucestershire veterinary practice has been bought out by CVS, the largest UK player in the industry. [more]
International healthcare group, Bupa, is preparing to sell almost half of its care homes in a deal that is expected to come to around £450 mill [more]
Italian restaurant group Prezzo has announced it will sell 27 of its UK locations and rein in new openings, as many restaurant operators in the country continue to slim down their offerings. [more]
Drugs giant Glaxosmithkline will sell its Horlicks business in the UK and close the location where the malted drink is manufactured. [more]
The UK maker of French’s mustard, Nurofen and Durex condoms is poised to offload its food division to US consumer good firm McCorm [more]
A medical firm based in County Durham is hoping that a division sale will lead to "a higher quality of earnin [more]
The company behind Superdrug has made an indicative offer for health products retailer Holland & Barr [more]
Countrywide, the supplier of equestrian and farming supplies, has put its remaining 53 stores up for sale as it looks to hive off its retail division. [more]
Household consumer goods giant Unilever is gearing up to sell off its margarine business, including the Flora and Stork brands, in a sale analysts say could fetch £4.8 bil [more]
Sports Direct is selling the rights to iconic British sportswear brand Dunlop as it sets its sights on becoming the “Selfridges of sports retail [more]
UK software firm Sage is considering selling its struggling North American payments business as the group looks to boost its growth. [more]