Belfast Telegraph

Thursday 23 October 2014

Millets owner in talks with buyers

Outdoor retailer Blacks Leisure is in talks with several parties interested in buying some or all of the business.

The Millets owner has hired advisers to help it field the offers, which are thought to include proposals from at least two private equity firms.

Lion Capital, the owner of AS Adventure Group, which is parent company to the Cotswold Outdoor chain in the UK, has been suggested as one of the parties considering a bid.

Home builder not upbeat over sales

Building firm Bellway has said it did not expect a pick-up in sales before next spring as buyer confidence has waned.

Newcastle-Upon-Tyne-based Bellway, the only major housebuilder paying a dividend to shareholders, said that while sales have picked up after a summer lull, levels are still below the same period 12 months ago.

Economy teed up for £10m golf lift

Golf tourism is estimated to be worth in the region of £10m to £12m to the Northern Ireland economy, a conference has heard. The 2010 Ireland Golf Tour Operators Association (IGTOA) Gala Irish Golf Awards were held in the Slieve Donard Resort and Spa in Newcastle, as part of a three-day golf tourism conference this week.

Pope trip boosts UK coach group

Transport group National Express has said revenues at its coach division had been boosted by the Pope's visit to Britain.

The company, which also operates bus and rail services, ran 1000 coaches to Birmingham from across the UK for pilgrims to see Pope Benedict XVI last month. The group said coach revenues in the three months to September 30 increased 4%.

Business advice on tap for SMEs

SMEs across Northern Ireland are invited to attend a free business advice and networking event on October 26 at Lagan Valley Island, Lisburn, hosted by InterTradeIreland. The agency offers trade accelerator vouchers worth £1,000 towards professional advice in areas such as taxation and employment law. Register online at www.intertradeireland.com

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