Scottish Business Briefing - August 21st 2013
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FINANCE
Lloyds banking Group this morning confirmed that it is selling its German business Heidelberger Leben.
MANAGEMENT
BRITAIN’S biggest retirement home developer yesterday unveiled a £1.5 billion plan to build 250 sites by 2018 after securing a £527 million refinancing deal.
ENERGY
CAIRN Energy will put 18 months of reshaping behind it and “get extremely active” with a drilling programme that should help transform its financial fortunes, chief executive Simon Thomson said yesterday.
TRANSPORT & INDUSTRY
Edinburgh Airport has announced plans for a £150m investment programme which will make it “one of the best airports in the UK”.
MEDIA, TECH & LEISURE
Broadcaster STV said it would resume dividend payments this year after growing revenues and profit in the first half.
Cineworld could be forced to sell the Belmont Cinema in Aberdeen, just eight months after taking it over.
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