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Lex buys into UC

5th January 1980, Page 14
5th January 1980
Page 14
Page 14, 5th January 1980 — Lex buys into UC
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Which of the following most accurately describes the problem?

L.EX Service Group, which ilready has substantial intersts in parcels transport, has ncreased its share in United 7.arriers from 16.5 to 28 per :ent.

United Carriers are partwined by the Transport Development Group, and made a )re-tax profit last year of Lex already owns Wilkinson fransport, and is spending 5.5m on a new centralised ;offing depot at Nuneaton which is due to open in fanuary next year.

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