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FirstGroup buys Ensign Bus Company in Essex

Aberdeen-based transport giant FirstGroup plc has announced an agreement to purchase Essex-based Ensign Bus Company Limited. FirstGroup shares rose about 5%. “The acquisition of the Ensignbus…















SSE sells £1.5bn network stake to Ontario Teachers

By Mark McSherry — SSE plc, the Perth-based electricity infrastructure giant, confirmed on Friday it has reached agreement to sell a 25% minority stake in its electricity transmission network…










Abrdn buys stake in Archax digital asset exchange

Edinburgh-based investment giant Abrdn confirmed it has concluded a deal to become the largest external shareholder in Archax, the UK’s first regulated digital securities exchange. Abrdn…





SSE investment, capex to total £2.5bn this year

SSE plc, the Perth-based renewable energy and power networks giant, announced that its first-quarter performance has “slightly exceeded” its expectations and that it remains confident in its financial…


Abrdn shakes up real assets investment team

Edinburgh investment giant Abrdn announced a big shake up in its Real Assets business, with 12 people “voluntarily” leaving the business. In its Real Assets unit,…












SSE buys €580m Siemens Gamesa wind business

SSE Renewables announced it entered an agreement with Siemens Gamesa Renewable Energy (SGRE) to acquire its existing European renewable energy development platform for €580 million….








Schroders assets rise 10% to record £731bn

London-based asset manager Schroders plc said on Thursday its 2021 profit before tax rose 25% to £764.1 million and its assets under management (AUM) increased by 10% to…



Gilbert’s AssetCo grows assets to £12bn

Martin Gilbert’s investment firm AssetCo plc has announced results for the year ended September 30, 2021, during which it grew its assets under management from zero to…






SSE Thermal appoints Catherine Raw as MD

SSE, the Perth-based renewable energy and power networks giant, announced that former Barrick Gold and Blackrock executive Catherine Raw will join the company as managing…