Archive : Bid for BL Units

Carole Nash Classic Insurance Specialists

REUTERS
Published: March 5, 1986

The General Motors Corporation, as expected, gave formal notice that it would bid for parts of BL P.L.C., the former British Leyland, as the deadline neared for offers on the state-owned auto maker. A G.M. spokesman said the company would inform BL’s banker, Hill Samuel, of its interest in buying out BL’s Land-Rover and truck divisions before the midnight deadline tonight. By late afternoon just one rival, a consortium led by Land-Rover’s management, had emerged to challenge G.M.

Keith Adams

Keith Adams

Editor and creator AROnline at AROnline
Created www.austin-rover.co.uk in 2001 and built it up to become the world's foremost reference source for all things BMC, Leyland and Rover Group, before renaming it AROnline in 2007.

Is the Editor of the Parkers website and price guide, formerly editor of Classic Car Weekly, and launch editor/creator of Modern Classics magazine. Has contributed to various motoring titles including Octane, Practical Classics, Evo, Honest John, CAR magazine, Autocar, Pistonheads, Diesel Car, Practical Performance Car, Performance French Car, Car Mechanics, Jaguar World Monthly, MG Enthusiast, Modern MINI, Practical Classics, Fifth Gear Website, Radio 4, and the the Motoring Independent...

Likes 'conditionally challenged' motors and taking them on unfeasible adventures all across Europe.
Keith Adams

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