Seddon bids for Atkinson
30th October 1970, Page 14
30th October 1970
Page 14
Page 14, 30th October 1970
— Seddon bids for Atkinson
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• Another move in the long drawn out battle for Atkinson Lorries (Holdings) was made last Friday when Seddon Diesel Vehicles came forward with a share and loan stock offer valuing Atkinson at about £5m--over £800,000 above the current recommended ERF Holdings bid. British Leyland, which has a 20 per cent share of Atkinson equity, has indicated that this most recent offer is acceptable so far as its own holding is concerned. If the offer is accepted. British Leyland would be Seddon's largest single shareholder with an eight per cent interest.