Northgate says UK weakens, offer talks continue

Newswire

LONDON, Sept 27 (Reuters) - Britain's largest van-hire company Northgate Plc said on Wednesday it had been affected by weakness in its UK market and was still in discussions with regard to an offer for the group. "Fleet growth has not been at planned levels and hire rates have weakened slightly as a result of competitive pressure," Northgate said in a statement about the first four months of the year. Northgate said the company continued to be in discussions regarding an offer for the ...

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