Abbot Founder Rejects Talk of Making Quick Return to Public Listing

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ABBOT Group, the Aberdeen oil rig company bought by private equity earlier this year, has ruled out a return to life as a publicly listed company in the near future, despite claims it may be one of six Scottish companies looking towards a flotation.

Weekend reports named the former FTSE 250 firm as a "leading contender" to seek a return to the London Stock Exchange in the next two years, on claims record oil prices were driving a new wave of Scottish oil and gas companies to the market.

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Abbot Founder Rejects Talk of Making Quick Return to Public Listing

But yesterday company founder Alasdair Locke, who believed Abbot had be...

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