Whitbread exercises sale of David Lloyd gym chain
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The Whitbread leisure group announced on Monday the billion-pound sale of its David Lloyd gymnasium chain to a consortium comprising property firm London Regional Holdings and HBOS.
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Shares in the retailer (UK:HMV: news, chart, profile) were last up 3 percent to 253.5 pence in London trade. HMV said it will invest around 10 million pounds to launch and market the online digital music store
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Food and clothing chain Marks &amp; Spencer PLC said Tuesday it had bought the per una clothing brand from businessman George Davies for 125 million pounds (&#36;223 million).
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A US buyout firm said it has acquired a majority stake in Jimmy Choo Ltd., the British-based luxury shoe label, in a deal valued at 101 million pounds ($187 million).
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A Macquarie Communications Infrastructure Group-led consortium bought NTL Inc.&#39;s antenna towers business in the UK for 1.27 billion pounds ($2.47 billion).
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IBM Corp has signed a seven-year deal to manage the voice and data services of London, UK-based financial institution Lloyds TSB. The contract is estimated to be worth $972.5 million.
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Shares in discount retailer Big Food Group leap more than 13% as the owner of the Iceland frozen food chain reveals it is in bid talks.
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Hotel operator Wyndham International  Inc. WBR.A has sold six hotels and partial ownership of its  Summerfield Suites by Wyndham chain to Lehman Brothers Real  Estate Partners, the companies said on Thursday.
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FORMER chairman of frozen food supermarket chain Iceland, Malcolm Walker, is being linked to a possible buy- back of the business, now trading as part of the Big Food Group.
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UK media company NTL has entered into an agreement to sell its broadcast business to a consortium led by Australian firm Macquarie Communications Infrastructure Group (MCG) and other third party investors for a purchase price of â¬1.84bn.
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Punch Taverns, the UK's biggest pub operator, buys the Mill House Inns chain for Â£169m from Bank of Scotland.
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Financial group HHG today announced the Â£1.03 billion sale of its UK life insurance business, which includes the Pearl and London Life brands.
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Philip Green is targeting Marks &amp; Spencer customers with the first TV advertising from his Bhs chain in more than 10 years. Details of a Â£3m, multimedia campaign were unveiled yesterday as part of a Â£23m
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Hotel operator Wyndham International Inc.  has sold six hotels and partial ownership of its Summerfield Suites by Wyndham chain to Lehman Brothers Real Estate Partners, the companies said on Thursday.
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LONDON (CBS.MW) -- Ports and shipping group P&amp;O (UK:PO) has sold its La Manga sports and leisure resort in Spain to the local MedGroup for 102 British pounds ($197 million).
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Gymboree discusses its plans to grow through new brands and store expansion.
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Reports suggest Punch Taverns has made an offer to buy troubled pub chain rival Mitchells & Butlers.