Cable & Wireless www.cw.com is expected to announce today that it plans to make an improved bid for Thus, the Glasgow-based telecommunications supplier.
After having its initial indicative 165p a share approach rebuffed by Thus, C&W is believed to have said it could offer the Scottish company’s shareholders 180p a share, valuing Thus at just under £330 [...]
Archive for June, 2008
Cable & Wireless poised to make improved offer to take over Thus
Posted in Business news, tagged C&W, Cable & Wireless, Take over, Thus on June 30, 2008 | Leave a Comment »
Scottish Chef Gordan Ramsay opens York & Albany in London
Posted in Business news, tagged Celebrity Chef, Gordon Ramsay, Scottish Chef, York & Albany on June 29, 2008 | Leave a Comment »
GORDON Ramsay www.gordonramsay.com , the Scottish celebrity chef, is making his first foray into the hotel sector with the opening of the York and Albany in London.
The boutique hotel in Camden will include one of two restaurants the Michelin-starred chef is opening in the city with backing from Royal Bank of Scotland.
He is also launching [...]
Menzies clicks with digital magazines
Posted in Business news, tagged Digital Magazines, Menzies, New Media in Scotland on June 28, 2008 | Leave a Comment »
THE pilot phase of John Menzies Digital’s new Digital Magazines service has seen a huge consumer response, with around 20,000 people registering and downloading a variety of magazines.
Menzies Digital, part of the Edinburgh-based news distribution and airline services group John Menzies, expects to sign a number of additional major publishers to the service in the [...]
Wolfson founder Milne’s stake in semiconductor minnow Elonics
Posted in Uncategorized on June 27, 2008 | Leave a Comment »
DAVID Milne, the founder of Wolfson Microelectronics, has taken a stake in a fledgling Scottish semiconductor company.
Milne www.elonics.com , who stepped down as chief executive last year, and John Carey, Wolfson’s former chairman are among a group of investors who have pumped $1 million into Livingston-based Elonics.
Founded in 2003, Elonics has designed a silicon radio [...]
Scots entrepreneurs defy start-up trend
Posted in Business news, Economy News, tagged Entrepreneurs, Scottish business, SME, Start up's on June 25, 2008 | Leave a Comment »
SCOTLAND is bucking the trend for company formations, a report said yesterday.
The number of new companies formed in Scotland over the last financial year – 19,962 – held steady amid worsening economic conditions.
Scotland was one of only two nations and regions of the UK not to see a fall on the previous year, according [...]
Braveheart signs up Aberdeen University
Posted in Business news, tagged Aberdeen Univirsity, Braveheart, Scottish business on June 23, 2008 | Leave a Comment »
BRAVEHEART, the Perth-based investment syndicate, has strengthened its ties with academia after signing a 15-year commercialisation deal with Aberdeen University.
Scotland’s third-oldest seat of learning – home to nearly 14,000 students – has built up a strong reputation in the fields of life science, medicine, engineering and geosciences. To date, it has attracted research awards of [...]
Watsons Constructions goes into administration
Posted in Business news, tagged Scottish business, Watsons constructions on June 22, 2008 | Leave a Comment »
WATSON Construction, one of Scotland’s oldest builders, has gone into administration, it was revealed last night.
Kroll, the firm of accountants and corporate restructuring specialists, yesterday confirmed it had been appointed as the administrator for the builder, which has worked on the Scottish Parliament and Edinburgh’s Playfair Project.
Watson Construction – which had its headquarters in West [...]
Geldof’s Ten Alps reaches new heights with 18 per cent revenue hike to £81m
Posted in Business news, tagged Bob Geldof, Scottish business, Scottish Media, Ten Alps on June 21, 2008 | Leave a Comment »
MEDIA firm Ten Alps www.tenalps.com , which was co-founded by Bob Geldof, has seen an increased revenue of 18 per cent up to £81.4 million.
The production firm, whose clients include HSBC, Microsoft and Unilever, revealed profits up by 40 per cent to £2.8 million in its preliminary results for twelve months to March 31, 2008.
Alex Connock, [...]
Rockstar has grand jobs plan
Posted in Business news, tagged Gaming, Rockstar, Scottish business, Scottish Gaming on June 20, 2008 | Leave a Comment »
Rockstar North www.rockstarnorth.com , the Scottish games developer, is recruiting at its Edinburgh studio on the back of positive financial news from the US. The Edinburgh-based company is behind the controversial but phenomenally successful Grand Theft Auto games series through publisher Take-Two Interactive.
The US company has announced second quarter figures, boosting earnings that exceeded Wall [...]
