April 2018






Sainsbury confirms Asda merger talks

J Sainsbury plc confirmed on Saturday that it is in “advanced discussions” about merging with Walmart’s Leeds-based subsidiary Asda. It is not yet clear how…


RBS first-quarter profit soars to £792m

Royal Bank of Scotland on Friday reported attributable first-quarter profit of £792 million compared with £259 million for the same period of 2017, beating analysts’…
















Beeks enters equities automated trading market

Shares of Glasgow-based Beeks Financial Cloud Group, a cloud provider for institutional capital markets, rose 4.5% after it announced its entry into the equities automated trading…















FirstGroup rejects Apollo takeover approach

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


















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….