Scottish Business Briefing - Tuesday 24 January, 2012

Malmaison is coming to Dundee
Malmaison is coming to Dundee
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WELCOME to’s Scottish Business Briefing. Every morning we bring you a comprehensive round-up of all news affecting business in Scotland today.


Cairn signs £100m StatOil deal to confirm optimism in Greenland

CAIRN Energy, the Edinburgh-based oil explorer, is in talks to sell further stakes in its Greenland exploration fields after yesterday signing an estimated $160 million (£103m) deal with StatOil, Norway’s state energy firm (Scotsman).

Solar power boom helps energy firm to expand

A RENEWABLE energy company is opening several new offices and predicting a trebling of turnover despite uncertainty over cuts to feed-in-tariff (FiT) payments. Absolute Solar and Wind is seeing huge interest from people looking to install photovoltaic panels ({


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Whisky company eyes Easter Ross expansion

Scotch whisky firm Whyte and Mackay (W&M) confirmed yesterday it was considering investing in two of its distilleries. It is understood one of the sites earmarked for expansion is the distiller’s Invergordon plant in Easter Ross (P&J).

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Tods Murray in takeover of rival Fyfe Ireland

MERGER activity in the Scottish legal sector continued yesterday with Edinburgh-based mid-tier practice Tods Murray taking over smaller rival Fyfe Ireland (Scotsaman).

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Boutique hotel chain moving into Dundee

BOUTIQUE HOTEL chain Malmaison has confirmed that it is to open a fourth site in Scotland in a move that forms a key part of the £1 billion transformation of Dundee’s waterfront (Scotsman).

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Brightsolid plans fresh impetus for £25m Friends Reunited

INTERNET pioneer Chris van der Kuyl, chief executive of Brightsolid, is to build closer links between the company’s range of family history websites and social network Friends Reunited, bought from broadcaster ITV for £25 million (Scotsman)

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