Division Sale News

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]
Hull-based wind turbine firm TRG Wind has sold its recruitment business and opened a new operations centre to expand its services. [more]
Information services group Experian is to sell its email and cross-channel marketing business, it has announced. [more]
US hospital group Community Health Systems (CHS) is to sell a majority stake in its home health division as it looks to shore itself up financially. [more]
Photo-Me International, the instant photo equipment group, is the new owner of Asda's loss-making photo division in Bri [more]
Lookers Motor Group, which sells new and used cars across the UK, is set to sell off its car parts division. A conditional £120 million sale has been agreed [more]
Construction group Kier is gearing up to sell off Mouchel Consulting, after buying it just over a year ago, in a bid to hone in on its own main construction, property and services, Construction Enquirer reported. [more]
With the sale of the Dobbies Garden Centres chain announced on 17 June 2016, focus has turned to the possible sale of Tesco’s remaining non-core businesses, including the Harris + Hoole coffee shop ch [more]
Virgin Active has slimmed down its portfolio of UK fitness clubs by selling 35 of its gyms to Nuffield Health in a deal thought to be worth around £80 mil [more]
Supermarket giant Tesco has found a buyer for its distressed Giraffe chain of restaurants in the form of Harry Ramsden’s owner Bopa [more]
Insurance giant esure has launched a strategic review into its price comparison website GoCompare less than two years after taking over the business. [more]
French multinational insurance company Axa has sold some of its UK businesses including SunLife to UK insurer Phoenix in a deal worth £375 mil [more]