Takeover of Ldv to Be Completed 'by the End of the Month' ; Automotive

Birmingham Post (May 08, 2009)

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Summary

LDV bosses have set a target of less than a month to complete the Weststar takeover and save thousands of UK jobs.

The vanmaker said the Malaysian group was "well advanced" on due diligence of LDV's books, raising hopes an agreement could be struck within four weeks.

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Extract

Takeover of Ldv to Be Completed 'by the End of the Month' ; Automotive

The pledge was made as hundreds of workers waited to hear when they would...

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