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CHI sold

16th February 1980
Page 19
Page 19, 16th February 1980 — CHI sold
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Which of the following most accurately describes the problem?

ALLPORT Freight (Holdings) Ltd of London NWIO has bought Chris Hudson (International) Ltd as a going concern.

Most of the jobs have been saved and the existing business has been "preserved". Chris Hudson will be joint managing director of the business.

The receiver, appointed in October, met several prospective buyers of the Essex company whose vehicle assets of 500 trailers and 40 units are worth almost £2.5m.

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