Articles by Scottish Financial Review


Regulator clears Standard Life-Aberdeen merger

Standard Life and Aberdeen Asset Management said the UK’s Competition and Markets Authority (CMA) announced that it has cleared the £11 billion merger of the Scottish investment giants….







US authorities move to block FanDuel merger

The US Federal Trade Commission (FTC) said on Monday it has authorized legal action “to block the merger” of Edinburgh-headquartered FanDuel and Boston-based DraftKings, the two…










Investors OK £2.2bn Wood Group-Amec FW deal

Shareholders of Aberdeen-based oil and gas services company Wood Group and rival Amec Foster Wheeler have overwhelmingly approved Wood Group’s roughly £2.2 billion recommended all-share offer…




Aggreko buys Indonesia’s KBT for $33m

Glasgow-based Aggreko, the world’s largest temporary power firm, said it acquired KBT (Kerta Bumni Teknindo), an Indonesia-based power rental company for about $32.8 million. “KBT…


Scots unemployment falls to 4%, a 25 year low

The Scottish Government said Scotland’s unemployment rate has fallen to 4.0% to match the lowest rate in 25 years. Labour market statistics for February-April 2017 published…










Weir Group to buy Singapore’s KOP for $114m

Glasgow-based engineering giant Weir Group said it agreed to acquire Singapore-headquartered oil and gas technology firm KOP Surface Products from Norwegian-listed Akastor ASA for about $114m…



Menzies merger firm DX probed by police

UPDATE 2 — Courier firm DX Group, currently in the process of acquiring the distribution business of John Menzies in a reverse takeover, said on Friday it was notified by the…


Wood Group wins BAE submarines contract

Aberdeen-based oil and gas services giant Wood Group said it was awarded a new industrial services contract by BAE Systems Submarines. Effective immediately, the two-year contract…





Revised Menzies-DX deal wins over big shareholder

UK courier firm DX Group on Monday announced revised terms for its agreement to acquire the distribution business of John Menzies in a reverse takeover — winning the support of DX’s largest shareholder. Gatemore…


Ian Ritchie appointed chairman at Tern

Tern Plc, an investment company specialising in Internet of Things, announced the appointment of Scottish technology industry veteran Ian Ritchie as its non-executive chairman with effect…






Standard Life teams up with Sage for auto enrolment

Edinburgh-based pensions and investment giant Standard Life said it has fully integrated its auto enrolment offering with Newcastle-based software giant Sage Group, the UK’s largest tech company. Standard…




Elliott succeeds Grossart as IndigoVision chairman

Edinburgh-based video security company IndigoVision said on Monday that tech industry veteran George Elliott will join its board of directors on June 1, 2017 and succeed Hamish Grossart as chairman of…











Wood Mackenzie owner buys wind power specialist

Verisk Analytics, owner of Edinburgh-based energy, metals and mining consultancy Wood Mackenzie has acquired MAKE, a research and advisory business specializing in wind power. New Jersey-based…





BP hails first oil from massive Shetland field

BP and its co-venturers Shell and Siccar Point Energy announced first oil from the redeveloped Schiehallion Area following completion of the multi-billion-pound Quad 204 project in the west…





Johnston Press revenues edge higher

Johnston Press — owner of The Scotsman, the i newspaper and the Yorkshire Post — issued a trading update on Friday ahead of its annual general meeting…







£45m loan payments start for Scots farmers

Payments from a loan scheme designed to help vulnerable farmers and crofters in Scotland have started, the Scottish government said. More than 7,400 payments worth more…