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IH-Seddon deal finalized

14th June 1974, Page 18
14th June 1974
Page 18
Page 18, 14th June 1974 — IH-Seddon deal finalized
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THE FINAL stages have been reached in International Harvester Canada's bid for Seddon Diesel Vehicles Ltd. Morgan Grenfell, which is acting for 11-I, this week announced that its offer for Ordinary shares has been accepted by holders owning more than 90 per cent; it has announced it will use the powers of Section 209 of the Companies Act to acquire the remaining Ordinary Shares.