Archive : Two Bids Remain at Land Rover

Carole Nash Classic Insurance Specialists

NEW YORK TIMES
REUTERS

The state-owned car company BL P.L.C., formerly British Leyland, said that it was pursuing two offers for its Land Rover division after negotiations with the General Motors Corporation collapsed. In a statement Thursday, BL said the contenders were a Land Rover management group and Lonrho P.L.C., a British-based multinational, and it gave them until April 15 to confirm or revise their proposals.

The BL board said it was no longer pursuing an offer from the Aveling Bradford Company. The Government, under pressure to insure that control of the company remained in Britain, earlier announced the failure of 18 months of talks with 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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