THC Expansion Urged
21st May 1965, Page 36
21st May 1965
Page 36
Page 36, 21st May 1965
— THC Expansion Urged
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THE Government wants the Transport I Holding Company to pursue "an active policy of expansion" and they will acquire other businesses where they consider it advantageous to do so in the normal course of business and where this can be freely negotiated.
This was stated by the Minister of Transport in the Commons this week— but he added that it would be contrary to the interests of the company to say how many negotiations were at present in progress.
The Minister had been asked by Mr. Ron Lewis (Labour, Carlisle) for details about BRS expansion. In his reply he noted that the Holding Company did not have to obtain his consent in every case, and it was not possible to forecast bow many acquisitions of other businesses would take place.
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