Clyde Blowers Doubles in Size As Mccoll Signs Dollars 1bn 'Deal of Decade'
The Scotsman › September 12, 2008
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Summary
Doubling up: Jim McColl, seen here in a multi-exposure image in front of his portrait at the National Portrait Gallery, said the deal was 'a great boost for British business' Picture: Sean Bell
ENGINEERING group Clyde Blowers completed a daring dollars 1 billion (GBP 571 million) acquisition yesterday, taking over a large chunk of Textron, which is ranked 202 on the Fortune 500 list of America's biggest companies.See the full content of this document
Extract
Clyde Blowers Doubles in Size As Mccoll Signs Dollars 1bn 'Deal of Decade'
Clyde Blowers owner Jim McColl hailed the takeover, the biggest by a privately owned Scottish company in recent memory, as the "deal of the decade".
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