2021

Nucleus shareholders OK takeover by James Hay

Shareholders of Edinburgh funds platform Nucleus Financial Group have finally agreed to a £145 million takeover by investment firm James Hay. In a stock exchange statement, James Hay…








Aberdeen, Macquarie in big Spanish fibre deal

Macquarie Capital, Aberdeen Standard Investments (ASI) and Daiwa Energy & Infrastructure (DEI), the investors behind Spain’s Onivia Network, have acquired a majority stake in a…





Weir orders up 11%, boosted by Ukraine deal

Shares of Glasgow-based global engineering and mining giant Weir Group edged 1% higher on Thursday after it published a trading update for the first quarter ending March…









Scotgold shares fall 20% amid cash crunch

Shares of Scotgold Resources Limited, the Australia-based gold exploration company focused on Scotland, fell another 20% on Tuesday after it published a stock exchange statement saying…





Current Health closes $43m financing round

Boston and Edinburgh-based Current Health, a “remote care management platform” formerly called snap40, announced it has raised $43 million in an oversubscribed Series B financing. “The round…





Salmon bosses dispute low HMRC export stats

The Scottish salmon farming industry has called for urgent action “to address discrepancies with export statistics published by the UK Government.” The Scottish Salmon Producers…










Menzies Aviation wins big cargo contract in Miami

Edinburgh-based Menzies Aviation, the global aviation logistics specialist, said it has been awarded a five-year cargo contract with Avianca at Miami International Airport (MIA). “This contract…


Aberdeen Standard wins £200m charity mandate

Aberdeen Standard Capital (ASC) has announced its biggest charity strategic partnership to date by securing the CAF Financial Solutions Limited (CFSL) mandate of £200 million….


Mattioli Woods buys Caledonia Asset Management

Leicester-based wealth and asset management business Mattioli Woods plc has announced the acquisition of Edinburgh-based Caledonia Asset Management Limited from its shareholders. The transaction is being…




UK appoints book-runners to sell 30 year debt

The UK Government’s Debt Management Office (DMO) said on Friday it appointed Barclays, Goldman Sachs International, Lloyds Bank Corporate Markets, NatWest Markets and RBC CM…






Waverton acquires Cornerstone Asset Management

London-Based Waverton Investment Management Group announced it has acquired Scottish-based wealth planner Cornerstone Asset Management, subject to regulatory approval. Established in July 2010 and with…




Scotland ‘could lose direct flights, global influence’

The chief executive of Edinburgh Airport, Gordon Dewar, has warned that Scotland’s global influence and economic competitiveness will be undermined unless the new Scottish Government engages meaningfully with airports and…








Scots economy returns to growth; confidence high

Scotland’s economy returned to growth during March, according to the latest IHS Markit-Royal Bank of Scotland Purchasing Managers’ Index (PMI) report. The seasonally adjusted headline…




Scottish job market strongest in two years

Hiring activity across Scotland rose “markedly” during March, according to the latest Royal Bank of Scotland Report on Jobs. The Scottish job market enjoyed its…


DeepMatter, Glasgow chemistry firm, up 15%

Shares of Glasgow-based DeepMatter Group plc, the AIM-listed company focusing on digitizing chemistry, rose about 15% on Wednesday after it announced another collaboration with the University…






Alexander Dennis makes 200 buses for Berlin

Falkirk-based global bus manufacturer Alexander Dennis Limited (ADL) has announced that Berliner Verkehrsbetriebe (BVG) has exercised options for 198 Enviro500 double deck buses to be delivered to…





Macfarlane buys Carters Packaging (Cornwall)

Glasgow-based packaging firm Macfarlane Group announced it acquired Carters Packaging (Cornwall) Limited, the owner of Carters Packaging Limited. “Carters is a well-established business, based in Redruth, Cornwall,…