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John Gibson takeover?

20th August 1971, Page 12
20th August 1971
Page 12
Page 12, 20th August 1971 — John Gibson takeover?
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Which of the following most accurately describes the problem?

• John Gibson and Son Ltd, the Edinburgh manufacturer of refuse collection vehicles which recently had a provisional liquidator appointed (CM July 2) is now the subject of a takeover bid.

A spokesman for the company said last week that "strenuous efforts" by the provisional liquidator and others concerned has aroused the interests of a "well-known" English manufacturer of refuse collection vehicles. It was hoped to announce soon that the equity of the existing company had been purchased outright.