AT THE HEART OF THE ROAD TRANSPORT INDUSTRY.

Call our Sales Team on 0208 912 2120

New bid for NTE

17th January 1987, Page 20
17th January 1987
Page 20
Page 20, 17th January 1987 — New bid for NTE
Close
Noticed an error?
If you've noticed an error in this article please click here to report it so we can fix it.

Which of the following most accurately describes the problem?

• The proposed management buy-out of Wakefieldbased West Riding Automobile Company has hit a snag with the news that the National Bus Company has received a separate bid for West Riding's Sheffield-based coach company, National Travel East.

A spokesman for NBC says separate negotiations are continuing at present and a proposal is expected to go before the Transport Minister "fairly shortly".

The management at West Riding plans to purchase both West Riding and Yorkshire Woollen District Transport, since the two companies have been operated together by the same management for many years.

If the management bid is successful, it will purchase a company with 400 vehicles (including 84 vehicles from National Travel East).