INDEPENDENT News & Media (INM) is expected to complete the sale of its loss-making London-based newspaper titles – the Independent and Independent on Sunday – to Russian billionaire Alexander Lebedev this week.

Wholesaler Musgraves has received regulatory approval for its acquisition of cash-and-carry business J&J Haslett in the North.

COMPETITION watchdogs in Britain have started a public consultation process to examine whether Irish glass bottle maker Ardagh’s acquisition of Barnsley-based Rexam Glass satisfies British competition law.

THE proposed takeover by Waterford Wedgwood of chinaware manufacturer Royal Doulton yesterday received a boost after the British competition watchdog said it would not stand in the way of the deal.