David Leslie, senior partner, PwC in Glasgow As a Glaswegian born and bred, and someone who has built much of their career in the city, I am often asked ‘what is it that defines Glasgow enterprise?’ Well, I for one don’t think there is an easy answer to this –...
Clearer signs of a recovery are now emerging within the Scottish economy according to the latest Economic Commentary from the University of Strathclyde’s Fraser of Allander Institute, sponsored by PwC. But the Institute also notes that despite the recent good survey evidence the recovery so far is weaker than would...
Conditions are ripe for fresh tie ups between oil majors in 2013 according to a new report from PwC’s oil and gas team. The last six months of 2012 saw the highest number of global oil and gas deals since 2008, with 524 recorded, and totalling $240.3 billion, the highest...
US firm, Parker Drilling Company (NYSE: PKD), has acquired Aberdeen-based International Tubular Services Limited and Affiliates (ITS), a subsidiary of ITS Tubular Services (Holdings) Limited, in a $125 million deal that will significantly expand Parker Drilling’s customer base in growing international markets. The acquisition follows the appointment of Bruce Cartwright,...
A surge in private equity-backed company initial public offerings during March 2013 may be the first signs of a recovery in the European IPO market. PwC’s IPO Watch Europe Q1 2013 report found that activity for the quarter rose by 40% from €2.3bn to €3.2bn. compared to Q1 2012. This...
