Sales, Mergers & Acquisitions


RWE npower announces sale of subsidiaries to Utility Warehouse owner, Telecom Plus Plc, for £218m

On 19 November, RWE npower and Telecom Plus agreed the sale of RWE npower Limited’s subsidiary companies, Electricity Plus and Gas Plus, to Telecom Plus Plc, the owner of the Utility Warehouse brand. The transaction is subject to both the approval of Telecom Plus shareholders and the OFT; Completion is expected in late December or [...]

Scrap metal laws to stop metal theft come into force

UK Home Office - 1 October 2013
Rogue traders who buy and sell scrap metal for cash face £5,000 fine under new laws designed to stamp out metal theft.
All scrap metal dealers will need to apply to their local council for a licence to operate under new rules which come into effect today (1 October 2013).
The [...]

Access to Finance Stalls UK’s Business Competitiveness Score

Problems with getting access to finance has been cited as one of the main reasons that Britain’s position in the list of ‘best countries to do business in’ has fallen this year.
The World Economic Forum’s annual global competitive index was released recently and it documents how various countries around the world fare in terms of [...]

GSK reaches agreement to divest Lucozade and Ribena for £1.35 billion

Issued: Monday 9 September 2013, London UK – LSE Announcement
GlaxoSmithKline (LSE:GSK) today announced it has reached agreement to sell its nutritional drinks brands Lucozade and Ribena to Suntory Beverage & Food Ltd (SBF), the Japanese consumer goods company, for £1.35 billion in cash.  It is expected that the transaction will be completed by the end [...]

Vodafone seals Kabel Deutschland bid

UK telecoms group Vodafone has agreed with the board of Kabel Deutschland to buy the German cable firm for £7.7bn (£6.6bn).
Vodafone Group Plc today announced its intention to acquire Kabel Deutschland Holding AG. The planned transaction values Kabel Deutschland at €87 per share, valuing the company’s equity at approximately €7.7 billion. The transaction is to [...]

Smarter Financing for ambitious SMEs - webinar

Join our live webTV show to get tips and advice on raising capital

Show date
Tuesday 12th March
Show time
12.45 (UK time)

Whether you own an established small business, or a start-up, at some point it is likely that you’ll have to look at the issue of raising capital, so making sure you know who and where to [...]

A brief glance at the meme industry

To the average user of Facebook or Twitter, memes are those jokey images or videos that get shared across social media like wildfire. But, memes are more than that.
First, a little bit of ideology
To loosely quote Wikipedia:
The word meme was coined by the British evolutionary biologist Richard Dawkins in The Selfish Gene (1976) as a concept for explaining the [...]

New channel 4 series brings opportunity for people wanting to start in business

Are you fed up with your job and dreaming of being your own boss? Channel 4 wants to hear from you!
A New Channel 4 series ‘Compare Your Life’ has enlisted Carlton Hood - the former CEO of Confused.com - to help families who are desperate to escape the daily grind and become their own boss.
In [...]

Commercial tenants urged to investigate cracks in their rental contracts

Commercial tenants who have concerns about their rental contracts are being urged to take advantage of a new lease review scheme from solicitors Birkett Long.
The firm has launched a fixed-price service giving tenants advice about the content of their own individual lease. Commercial Property solicitor David Temperton explained that tenants may have a number of [...]

Kodak Enters into Agreement for Proposed Sale of Gallery Photo Services Site to Shutterfly

Shutterfly to provide stalking horse bid in court-supervised auction process
ROCHESTER, N.Y., March 01 —

Eastman Kodak Company has announced that it has entered into an agreement with Shutterfly, a leading Internet-based social expression and personal publishing service, for the proposed sale of certain assets of its KODAK Gallery on-line photo services business for $23.8 million. [...]

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