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Caird buys into Leigh Interests

24th March 1988, Page 18
24th March 1988
Page 18
Page 18, 24th March 1988 — Caird buys into Leigh Interests
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Which of the following most accurately describes the problem?

• Waste disposal contractor A Caird and Sons is buying £1.06 million of shares in Leigh Interests, the skip hire and waste vehicle operator, which is raising £10 million from its shareholders to finance expansion plans.

Caird has bought seven waste disposal companies in the past few months but denies that it wants to take over Leigh, the second largest waste operator in the UK.