News
- Home News
- Crime & Courts
- Health
- Education
- Transport
- Environment
- World News
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Politics
- Referendum News
- Viewpoint
- Subject Areas
- Process
- Other Political News
- Opinion
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Sport
- Football
- Opinion
- Rugby
- Golf
- Tennis
- Cricket
- Other Sports
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Business
- Company News
- Markets & Economy
- People
- Opinion
- Personal Finance
- Bulletin
- Farming
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Comment
- Columnists
- The Diary
- Tom Shields
- Bloggers
- In Praise Of...
- Herald View
- Letters
- Obituaries
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Arts & Ents
- Film
- Stage
- Music
- Classical
- Visual
- Books & Poetry
- Opinion
- Listings
- Jobs
- Property
- Cars
- Local Businesses
- Dating
- Family Notices
- Book an ad
Life & Style
Going Out
Puzzles
Weather

Friday 3 February 2012

Entrepreneur gears up for £125m Italian business bid

Group Business Editor

SCOTTISH engineering entrepreneur Jim McColl is close to acquiring an Italian business for about €150 million (£125m), after raising £420m for his third Clyde Blowers Capital fund.

AMBITIOUS: Jim McColl has raised £420 million for his third Clyde Blowers Capital fund. Picture: Graham Hamilton

Custom byline text:

IAN McCONNELL BUSINESS EDITOR

Mr McColl revealed yesterday he had to turn away some investors and scale back the stakes of others as he closed the fundraising for his Clyde Blowers Capital Fund III at £420m, well ahead of an initial target of £350m.

Don't show me this again.