Miller Homes raises £815m in junk bond sale
Edinburgh-based house builder Miller Homes has raised £815 million in a bond sale, but banks had to offer investors a higher yield than originally planned, Reuters reported. The deal…
Edinburgh-based house builder Miller Homes has raised £815 million in a bond sale, but banks had to offer investors a higher yield than originally planned, Reuters reported. The deal…
Edinburgh-based house builder Miller Homes has hired investment banks for a $1.04 billion high-yield debt sale, Reuters reported. The deal would be the first high yield…
Edinburgh-based Miller Homes said Stewart Lynes will be appointed chief executive officer at the end of March, 2022, succeeding current CEO Chris Endsor, who will become executive…
By Mark McSherry Edinburgh-based Miller Homes has been bought from private equity firm Bridgepoint Group plc by funds managed by affiliates of New York-based investment firm Apollo…
Edinburgh-based Miller Homes said on Wednesday its revenue rose 10% to £389.2 million and its operating profit rose 10% to £77.8 million in the six nonths…
Edinburgh-based Miller Homes said on Wednesday its 2018 revenue rose 11% to £747 million and its operating profit increased 15% to £151.1 million. Miller said it…
Edinburgh-based Miller Homes said its revenue for the half year to June 30, 2018, rose 7% to £356.1 million and operating profit increased 11% to £70.5 million. Miller…
Edinburgh-based Miller Homes said its 2017 profit before tax rose 22% to £109.3 million on revenue that was up 19% at £675 million. Private equity firm Bridgepoint…
Private equity firm Bridgepoint confirmed it will buy Edinburgh-based Miller Homes in a transaction totalling £655 million from funds managed by GSO Capital Partners, a division of Blackstone….
Private equity firm Bridgepoint is close to finalising a £655 million deal to acquire Edinburgh-based Miller Homes, according to a report in the Financial Times. Meanwhile,…
Edinburgh-based Miller Homes is closing in on a sale valuing it at more than £600 million, according to a Sky News report. The report said…
Edinburgh-based Miller Homes said its operating exceeded £100 million for the first time in 2016 and that 2017 forward sales are 50% ahead of last year. Miller said operating profit…
Edinburgh-based Miller Homes said its profit before tax surged 66% to £38.2 million on revenue up 11% to £256.1 million in the six months to June 30…
Edinburgh-based Miller Homes said its 2015 revenue rose 29% to £500 million and profit before tax soared 91% to £62 million as low interest rates, improving mortgage availability…
Scotch whisky and drinks giant Diageo plc announced that current non-executive director John Manzoni will be appointed chair of its board on or around February…
Crosswind Developments, the team behind a proposed development that promises 3,000 new homes near Edinburgh Airport, has appointed former Scottish Enterprise CEO Steve Dunlop as…
Edinburgh-based investment giant Abrdn has joined the governing council of distributed ledger technology (DLT) firm Hedera, becoming the first buy-side finance and asset management company…
By Mark McSherry — Grant Thornton’s Scotland Limited report for 2022 shows that Scotland’s top 100 private limited companies make aggregate turnover of £28 billion, employ 132,000…
Shepherd and Wedderburn has reported 5% turnover growth to £62.2 million in the year to April 30, 2022, with net profits before partner distributions up…
UK and Scottish law firm Brodies LLP said it has reported a twelfth consecutive year of growth for the 12 months to April 30, 2022. The…
New research commissioned by Co-operative Development Scotland (CDS), part of Scottish Enterprise, has given the clearest picture yet of Scotland’s employee-owned businesses (EOBs) and their…
Edinburgh-based private bank Hampden & Co said on Wednesday that deposits from clients rose 39% to £696 million in the year to December 31, 2021, while…
By Mark McSherry — As prominent international fund manager James Anderson prepares to leave Edinburgh-based investment giant Baillie Gifford after almost 40 years, he has written…
Craft gin and Scotch whisky company Eden Mill St Andrews has announced a newly created board of directors following the recent move by Edinburgh-based specialist consumer…
Edinburgh-based specialist consumer brand investor Inverleith LLP has acquired a majority stake in craft gin and Scotch whisky company Eden Mill St Andrews. The gin and…
Edmond de Rothschild Real Estate Investment Management (REIM) said it has secured a prime residential development site in Glasgow, its first investment in Scotland, for…
The shortlist for this year’s £50,000 Baillie Gifford Prize for Non-Fiction has been announced at the Times and Sunday Times Cheltenham Festival of Literature. The…
Shares of McColl’s Retail Group fell about 26% on Thursday after it announced it intends to raise up to £35 million via a discounted placing…
Glasgow-based sausage skin and food collagen products firm Devro said on Wednesday that Rohan Cummings will join the board of the company as executive director and…
The UK’s Association of Investment Companies (AIC) is taking on the mutual fund analyst giant Morningstar following its downgrade of Baillie Gifford’s Scottish Mortgage Investment…
SSE, the Perth-based renewable energy and electricity networks giant, said on Tuesday it appointed John Manzoni to succeed Richard Gillingwater as SSE chair. Manzoni held…
M&G Investments on Wednesday suspended dealing in its £2.5 billion open-ended UK property fund as it blamed Brexit uncertainty for an increase in requests from…
The Scottish Government said on Monday afternoon that the Lord Advocate James Wolffe QC has lodged applications to intervene in two legal cases “aimed at…
Stewart Milne Homes has become the sixth housebuilder to get involved in the Shawfair new town project south east of Edinburgh after its developers concluded the…
A Korean investor has bought the iconic Bank of Scotland building at 110 St Vincent Street in Glasgow for £48.4 million in the largest office…
A dedicated Digital Quarter is being planned as the focal point of the 150-acre Crosswind site development near Edinburgh Airport. Crosswind, which was set up…
Tom Hunter’s West Coast Capital (WCC) has agreed a joint venture with Cala Homes to help create a £1 billion housing and schools development —…
Grant Thornton’s Scotland Limited report for 2017 shows that Scotland’s largest 100 private limited companies made a combined turnover of £21.4 billion, made combined pre-tax profits of…
Celtic plc said its revenue increased 16.8% to £71.5 million and profit before tax edged higher to £19.5 million in the six months to December…
Swiss private bank Julius Baer, which is opening new offices in Manchester, Leeds and Scotland, said a number of new key hires have joined the…
By Mark McSherry UPDATE 2 — Netflix Inc. said it acquired Millarworld, the comic book publishing firm run by Scottish writer Mark Millar and his…
Scotland’s housebuilding sector is performing well — but may struggle to meet the Scottish Government’s ambitious target of achieving 50,000 affordable homes by 2021, according to…
Convenience retailers McColl’s said its revenue rose 7.6% to £504.8 million in the 26 weeks to May 28, 2017, helped by stores acquired from the Co-op. However, profit…
Convenience retailer McColl’s Retail Group said the Competition & Markets Authority (CMA) gave final and unconditional approval for McColl’s £117 million acquisition of 298 stores from the Co-operative Group…
The UK government said it will appeal a decision by the High Court that requires it to obtain UK parliamentary approval before starting the “Article 50” process of…
First Minister Nicola Sturgeon has formed a Standing Council on Europe — a group of legal, financial, business and diplomatic experts — to advise the Scottish…
A new newspaper called “24” that hopes to be “The North’s National” — aimed mainly at readers in north west England and south west Scotland — will…
Thirteen Scottish craft breweries have signed a deal to supply beers and ciders to Asda stores in Scotland. Asda has teamed up with the Craft…
Edinburgh-based Archangels, the business angel syndicate that specializes in early stage investing, said on Tuesday that total investment capital arranged by the syndicate since its inception…
Aberdeen Asset Management has bought Liverpool’s Albert Dock development – a UNESCO world heritage site that is home to the Tate Liverpool and The Beatles Story — on behalf of…