Farewell to the Last of the Independents

Summary


ANOTHER of the dwindling band of Scottish-based plcs bit the dust last week as Glenmorangie succumbed to a (pounds) 300m takeover offer from luxury goods giant Louis Vuitton Moet Hennessy.

In some ways it could be seen as a sad day for Scotland. This is, after all, our last independent quoted distiller.

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Extract


Farewell to the Last of the Independents

Once there were many such beasts in the Scottish business jungle but the rot set in when the bigg...

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