Scottish Mortgage retains top spot; shares up 13%
Scottish Mortgage Investment Trust once again retained its title as the most-popular investment trust among Interactive Investor customers in May, despite the fund’s high-flying share price…
June 2022
UK approves Shell’s giant Jackdaw gas field
UK regulators have approved Shell’s revised plan to develop the giant Jackdaw gas field 250 kilometres east of Aberdeen as the Westminster government seeks to boost domestic…
CEO of new Stagecoach owner DWS resigns
The CEO of German asset manager DWS, which recently agreed a deal to buy Perth-based transport giant Stagecoach, has decided to resign after raids by prosecutors…
Edinburgh’s Codeplay Software sold to Intel
Intel announced it has signed an agreement to acquire Edinburgh-based Codeplay Software, which it called “a global leader in cross-architecture open standards-based developer technologies.” Subject…
Menzies shareholders OK £571m Kuwait takeover
The board of Edinburgh-based airport logistics giant John Menzies announced that its shareholders voted to approve the £571 million cash takeover offer from Kuwait-based National Aviation Services…
Abrdn European property fund in €500m deals
Abrdn said its European Balanced Property Fund is making a number of acquisitions in the logistics, hotels and senior living sectors for a total of…
Parsley Box cuts losses, but orders and sales lag
Edinburgh-based ready meals firm Parsley Box Group plc on Wednesday published a trading update for the five months ending May 31 and revised guidance for FY22….
Tullow Oil, Capricorn Energy in all-share merger
The boards of Edinburgh-based Capricorn Energy and London-based Tullow Oil have agreed to merge the companies in an all-share transaction. Tullow said the proposed deal is a…
Wood sells consulting business for $1.9bn
Aberdeen-based global engineering and consulting giant John Wood Group said it agreed to sell its Built Environment Consulting business to Canada’s WSP Global Inc. for…