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NAHL Group to Sell Searches UK Unit in GBP1.2 Million Deal
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03:11 AM EDT, 08/27/2026 (MT Newswires) -- Marketing and services business Nahl Group (NAH.L) agreed to sell its Searches UK subsidiary under a binding conditional deal with software company TM Group (UK). The consumer legal services company will divest the residential and commercial property conveyancing searches subsidiary for an enterprise value of 1.2 million pounds sterling. Nahl will use the proceeds for its revolving credit facility. The deal is expected to complete no earlier than Oct. 1, 2026, with a long-stop date of Jan. 26, 2027, subject to regulatory approvals including clearance from the UK Competition and Markets Authority.
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