Grangemouth oil refinery owners reject US-led approach as closure looms | Money News Aitrend

Grangemouth oil refinery owners reject US-led approach as closure looms | Money News

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The owners of Scotland’s only oil refinery have rejected a US-led approach to a possible takeover bid months before its planned closure. Sky News has learned that a consortium believed to be led by Robert McKee, a veteran of the US energy industry, has written to Petroineos, owner of the Grangemouth site, to express its … Read more

Cineworld owners plan New York stock market return | Money News Aitrend

Cineworld owners plan New York stock market return | Money News

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Cineworld’s hedge funders are drawing up plans to return the cinema operator to the public markets, amid continued uncertainty over the future of dozens of its UK sites. Sky News has learned that the company’s owners are in the early stages of considering a listing of the business in New York, with the first half … Read more