Joint Bid Means Rover Rescue Likely

The Scotsman › July 15, 2005

Linked as:

Summary

MG ROVER was on the brink of resurrection last night after long- term Chinese suitor Shanghai Automotive (SAIC) agreed to bid for the firm alongside former Ford Europe boss Martin Leach.

The new consortium agreed to put in a joint bid for all parts of the company, a deal that would revive the production of cars at the group's plant in Longbridge. However, administrators said they were "locked in talks" with three separate parties, and were not about to announce a quick sale.

See the full content of this document

Extract

Joint Bid Means Rover Rescue Likely

MG Rover filed for bankruptcy in April under debts of GBP 1.4 billion, causing the loss of 5,000 job...

See the full content of this document

Sponsored links


Related searches

ver las páginas en versión mobile | web

ver las páginas en versión mobile | web

© Copyright 2012, vLex. All Rights Reserved.

  • Language

Contents in vLex United Kingdom

Explore vLex

For Professionals

For Partners

Company

Other documents:

the mos soars again thanks to you [eire region] | Friday ; Your Movie Planner | Mcilduff Limited | Women Break Into Ftse 100 Boardrooms | Motor vehicle safety standards: Nonconforming vehicles— Importation eligibility; determinations, | meetings: biological response modifiers advisory committee, | environmental statements; availability, etc.: hydroelectric applications, | grants and cooperative agreements; availability, etc.: heat treating, forging, welding, powder metals, and advanced ceramics; energy consumption and environmental impact...