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Market report

Bond lifts Cineworld | Cairn completes Egypt deal

REFRESH PAGE FOR UPDATES 5pm: Bond lifts Cineworld Cineworld shares hit a two-month high as ticket sales for the new James Bond film No Time to Die have been “by far and awayRead More

New milestone

SIS passes £100m backing for social enterprises

Ken Barclay
Ken Barclay: impact (pic: Terry Murden) Finance provider Social Investment Scotland (SIS) has invested more than £100 million in 460 social enterprises, community organisations and mission-driven businesses since opening itsRead More

£445m price tag

National Express in talks to acquire Stagecoach

Stagecoach
Stagecoach shareholders would own 25% of the group National Express has confirmed that it is negotiating a takeover of Stagecoach in an all-shares deal that values the Scottish firm atRead More

Boost for tourism

Crowne Plaza Hotel acquired by Castleforge

Crowne Plaza Hotel
Crowne Plaza Hotel: will be refurbished and re-launched One of Edinburgh’s biggest hotels, the Crowne Plaza Royal Terrace, has been acquired by a London-based property investment firm in an off-marketRead More

Startup support

Car rental tech firm raises £1.4m for new products

Bisjawit-Kundu-Roy
Vision: Biswajit Kundu Roy Scottish technology start-up Coastr, which enables car hire firms to become fully digitised, has secured £1.4million through London-based investment platform GroVentive to develop new products. Coastr operates a cloud-basedRead More

Daily Business Live

National Express in Stagecoach bid talks | Craneware update

Stagecoach
REFRESH PAGE FOR UPDATES 7am: National Express and Stagecoach National Express has confirmed that it is negotiating a takeover of Scotland-based Stagecoach. Under the terms of the proposed combination NationalRead More

Record year

Angels ‘showing willingness to invest in the future’

David Grahame
David Grahame: resilience Scotland’s business angel community is showing a willingness to ‘invest in the future’, with promising young companies poised to receive a record year of financial support. FiguresRead More

Phillip Morris swoops

Marlboro cigarette giant seals deal for inhaler firm

Marlboro-Luc-Van-Loon
Phillip Morris manufactures top brands (pic: Luc Van Loon) Marlboro cigarette maker Philip Morris International (PMI) has completed its controversial £1.1 billion takeover of the UK inhaler firm Vectura. PMIRead More

Marketing move

Intuit acquires Mailchimp in $12bn cash and shares deal

Intuit-Mailchimp
Small business accounting firm Intuit, whose product suite includes payment management system Quickbooks, is acquiring the email marketing company Mailchimp in a cash-and-shares deal worth about $12 billion. California-based IntuitRead More

Company denies claim

Government cancels Valneva’s £1.3bn Covid contract

Valneva-Livingston
The company denies claim that it is in breach of contract Drugs developer Valneva has been told a deal to supply Covid vaccines has been terminated by the UK governmentRead More