Transbus Takeover Could Save 900 Jobs in Scotland; Dealmaker Hugh Nash Is Orchestrating Consortium Bid

The HeraldApril 13, 2004

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Summary


ONE of Scotland's top dealmakers is putting together a rescue bid for stricken coach maker TransBus International in an attempt to safeguard 900 Scottish jobs.

Hugh Nash, director of Noble & Company, the Edinburgh investment bank, revealed yesterday that he is orchestrating a consortium bid for TransBus involving leading figures from the nation's busin-ess community.

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Extract


Transbus Takeover Could Save 900 Jobs in Scotland; Dealmaker Hugh Nash Is Orchestrating Consortium Bid

TransBus was put up for sale almost a fortnight ago when its parent Mayflower Corporation collapsed after a (pounds) 20m hole was found in its accounts...

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