LONDON — Looking to avoid a potential takeover and the subsequent sale of assets, executives at Manganese Bronze Holdings plc, maker of the famous London Taxi, are planning to take the company private. Chief Executive Jamie Borwick and executives Ian Pickering and Barry Widdowson plan to offer shareholders £2.5 to £2.75 (US$4.07 to US$4.48) per share. Manganese executives feel the company's share price is undervalued, making it ripe for a buyout, which could lead to the sale of the ...
Premium Content (PAID Subscription Required)
"London Taxi maker to go private" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: firstname.lastname@example.org or phone: (248) 799-2642