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US fund giant snaps up Walter Scott
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SCOTTISH equity investment firm Walter Scott & Partners is being
snapped up in a surprise takeover by US fund management giant Mellon.
While neither side would comment on the price yesterday, analysts
believe the cash-and-shares deal could value the business as high as
dollars 500 million (GBP 265m).
The Edinburgh-based company takes long-term investment stakes in
growth stocks round the world for both institutional and private
clients. It has built up a formidable research repu...
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GBP 6.5m pledge to fund Murray archive
The Scotsman
; THE National Library of Scotland's bid to buy the John Murray Archive for GBP 33 million was kickstarted yesterday with a GBP 6.5 million cash pledge from the Scottish Executive. The culture minister, Frank McAveety, claimed the funding for the collection - which includes works by Lord Byron, Sir
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Walter Scott's high flying ambitions for jet hire are grounded
Scotland on Sunday
; WALTER Scott, the reclusive fund manager and keen amateur pilot, has parked his long term ambitions to branch into the jet hire business. The millionaire financier, who is thought to earn around 5m pounds a year, said the recent turmoil in the aviation industry and the flood of low cost airlines on
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McFarlane reappears at Walter Scott.
Financial News
; Byline: William Hutchings Alan McFarlane has turned up at Walter Scott & Partners, reappearing in the institutional investment industry 10 months after quitting Global Asset Management (GAM). McFarlane was managing director of GAM's institutional business until last December. He was one of
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After 208 years Leith company calls in the receiver
Evening News - Scotland
; ... Cockburns of Leith has found itself unable to compete in a market increasingly dominated by supermarket and online wine dealers. The news has been met with dismay by wine enthusiasts, who described the demise of independent stores such as Cockburns as "very sad ...
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Mellon benefits flow to Walter Scott.
Australasian Business Intelligence
; ... 06. For more information on Comtex SmarTrend[R] Alert, contact your market data provider or go to CSTADirect.com SmarTrend is a registered trademark of Comtex News Network, Inc. Copyright [c] 2004-2006 Comtex News Network, Inc. All rights reserved.
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