The terms of a buy-out were agreed last year
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Wednesday 04 January 2012
Portsmouth are close to announcing new owners, according to administrator Andrew Andronikou.
Tuesday 03 January 2012
The founder of hardware supplier Toolstation has secured a £24 million windfall after Wickes owner Travis Perkins took full control of the company.
Friday 23 December 2011
The property investor Hansteen Holdings and a fund managed by the firm have spent £150m on 88 industrial warehouses formerly owned by the Merseyside-based Spencer Group.
Friday 23 December 2011
Scapa Group, which supplies adhesive bonding for electronics and medical equipment, yesterday splashed out up to $45m (£29m) to buy US rival Webtec Converting.
Wednesday 21 December 2011
The chairman of insurance giant Prudential is to quit 18 months after he took most of the flak for its failed £22bn Asian takeover bid.
Saturday 17 December 2011
Mike Ashley's Sports Direct has ended its pursuit of Blacks Leisure, cutting off one possible escape route for the beleaguered outdoor retailer to safeguard its future.
Thursday 15 December 2011
The disgraced Japanese camera maker Olympus has revealed a $655m (£420m) hole in its balance sheet after admitting to a 13-year fraud at the company.
Sunday 11 December 2011
Luminar, a nightclub operator, has been bought in a £45m deal that is expected save 3,000 jobs. The company, which ran Liquid, Oceana and Lava & Ignite clubs in town centres across the UK, went into administration in October with debts of £140m, of which more than £80m was owed to the banks.
Saturday 19 November 2011
Princes has sold the canned pie maker Fray Bentos to the Scottish soup group, Baxters.
Thursday 10 November 2011
Friday 28 October 2011
Outlook Alliance Boots has been taking flak for allegedly putting the future returns of its 20,000 pensioners at risk by offering to change the way plans are paid.
Wednesday 26 October 2011
Google and Groupon have gone from courtship to court in less than a year. Groupon, the Chicago-based technology start-up that emails 142.9 million people a day with a money-off coupons for a local businesses, is suing two of its former sales managers for allegedly stealing trade secrets from the company when they went to work for Google.
Thursday 01 September 2011
Chesnara, which competes with the zombie fund Phoenix to buy life insurers that no longer accept new customers, said it remained on the lookout for deals yesterday as new solvency rules for insurers would result in acquisition opportunities.
Monday 29 August 2011
A valuation gap between buyers and sellers is hampering merger and acquisitions activity, with firms completing just one in eight of the transactions considered over the past two years.
Monday 22 August 2011
QPR's new owner Tony Fernandes has continued his shake up of the Loftus Road hierarchy by appointing Philip Beard as the club's new chief executive officer.
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