Receiver called in
9th January 1992, Page 16
9th January 1992
Page 16
Page 16, 9th January 1992
— Receiver called in
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• National Welsh, one of Wales's leading bus and coach operators, called in the receiver last week with debts of nearly £5m.
None of the 800 staff have been laid off by the receiver Peat Marwick, which intends to continue running the Cardiffbased firm until a buyer is found.
Employees at the five depots are believed to be putting together a buyout package for the operation, which runs a fleet of 300_