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Scots shares

26th October 1989
Page 8
Page 8, 26th October 1989 — Scots shares
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Which of the following most accurately describes the problem?

• Clydewest 2000, the company formed for an err ployee buyout of Western Scottish, has raised share capital of over £900,000 from more than 960 of Western's staff, says chair man Edward Cassidy.

He reports that Clydewest 2000 now has the backing of 51% of Wes ern staff, and says that backing has come from Luton and District, which i prepared to buy up to 15% of shares from the Royal Bank of Scotland.