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Archive : BMW will talk to rival bidder
The German car-maker BMW says it will start talks on Tuesday with a new consortium that wants to bid for its loss-making British subsidiary, Rover. BMW says the talks with […]
Month: April 2000
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Archive : Longbridge Closure Threat As Alchemy Pulls Out
BY ANTONY HOPKER Rover has been plunged back into uncertainty follow the dramatic collapse of Alchemy’s deal to buy the troubled firm. The venture capitalists announced today that they had […]
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Archive : BMW, Alchemy: Full statements
After talks with Alchemy Partners over the sale of Rover break down, BMW warns it may have to close Rover Cars. This is the text of the brief statements issued […]
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Archive : Last-ditch battle for Rover
The underdogs in the race to buy Rover will meet BMW on Wednesday with hopes fading that their bid can succeed. The Phoenix consortium has pleaded for more time to […]
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Archive : Coventry Council Debates Rover Crisis
BY ANTONY HOPKER Transport firms in Coventry have been challenged to work with the city council to build a new bus station in the Barracks car park in the city […]
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Archive : Help For Firms Hit By Rover Crisis
Businesses in Coventry and Warwickshire affected by BMW’s decision to sell Rover are being invited to a special meeting to discuss the way forward. The discussion is being hosted by […]
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Archive : Row over rival Rover bid
A row has broken out between the company planning to take over the Rover car business and the UK Government. Alchemy Partners is reported to have withdrawn co-operation from the […]
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Archive : ‘Nationalise Rover’ Call By Socialists
Hundreds of millions of pounds of government money should be used to make Rover a public company, according to a Socialist councillor. Former Coventry MP Dave Nellist has called for […]
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Archive : Rival Rover bid ‘in the wings’
A former chief executive of Rover is reported to be planning an alternative bid for the car group. BMW announced last month it planned to break up Rover, selling the […]
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Archive : Coventry Hopeful Of Riding Rover Storm
BY ANTONY HOPKER Up to 1,500 jobs could be lost in Coventry because of the Rover sale, but experts are still optimistic about the area’s prospects. Carl Pearson, head of […]
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Archive : Rover Engineers Sent Back To UK
BY ANTONY HOPKER Rover designers who moved from the Gaydon plant to work for BMW in Germany are returning to an uncertain future after being sent back to England. Up […]