FirstGroup rejects Apollo takeover approach

UPDATE 3 — Aberdeen-based bus and rail giant FirstGroup plc said late on Wednesday it has received “a preliminary and highly conditional indicative proposal from Apollo Management…


















Aberdeen Standard targets €1bn with European Fund

Aberdeen Standard Investments has launched a European Residential Property Fund supported by Netherlands-based cornerstone investor Pensioenfonds Metaal en Techniek (PMT) and its fiduciary manager, MN….











Cronin Group plans name change to DeepMatter

AIM-listed chemistry company Cronin Group, which has a research relationship with the University of Glasgow, announced a 2017 loss of of £1.46 million after tax and said…





Scots R&D spending edges up to £2.33bn

Scotland’s chief statistician on Wednesday released figures for gross expenditure on research and development (GERD) in Scotland in 2016. The figures show GERD in Scotland…


Allander warns of Holyrood economic confusion

The University of Strathclyde’s Fraser of Allander Institute (FAI) has warned that the Scottish government’s focus on following a “single, unified approach to the economy”…









Forth Ports beefs up its cruise business

Forth Ports’ Capital Cruising business, which runs six cruise terminals across the UK including Edinburgh and London, has appointed Chris Alexander to a new role…








RBS still hopes to reach US settlement in 2018

Royal Bank of Scotland is still hoping to reach a multi-billion-dollar settlement this year with the US Justice Department over alleged mis-selling of toxic mortgage-backed securities….


Glasgow’s Beeks teams up with Winklevoss firm

Glasgow-based Beeks Financial Cloud Group, a cloud provider for institutional capital markets, announced its entry into the cryptocurrency market via a collaboration with New York-based…