Scotsman Sale? Key Figures Say 'No'

A supposed member of a three-man consortium reported to be keen on buying The Scotsman newspaper has – via his spokesperson – said he is not interested.

In a brief statement, a spokesperson for Martin Gilbert, chief executive of Aberdeen Asset Management, yesterday said: “Martin has no interest in acquiring The Scotsman.”

Earlier in the day, the newspaper’s publisher, Johnston Press, was equally emphatic. It said: “Johnston Press notes the press speculation regarding the potential disposal of The Scotsman. Whilst company policy is not to comment on such speculation, Johnston Press can confirm that the board does not have any disposal process underway in this regard.”

It followed a report in the Sunday Times Scotland (followed up by – here) that Gilbert – along with ‘Edinburgh financier’, Ben Thomson, and ‘property developer’, Mark Shaw – had held negotiations with Johnston about The Scotsman but that different valuations over price might prove a stumbling block.

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