Scot in Weirs Buyout Bid As Gbp48m Swiss Deal Collapses Entrepreneur in Talks Over Jobs Lifeline for 450 Staff

Evening Times › March 27, 2007

Linked as:

Summary

UP to 450 jobs at Glasgow's biggest engineering firm were today still in doubt despite the collapse of the GBP48million sale to a Swiss rival.

Scots entrepreneur Jim McColl is now in talks in a bid to negotiate a multi-million pound buy-up of Weir Pumps after the takeover talks with Sulzer collapsed.

See the full content of this document

Extract

Scot in Weirs Buyout Bid As Gbp48m Swiss Deal Collapses Entrepreneur in Talks Over Jobs Lifeline for 450 Staff

The unexpected emergence of Mr McColl as a possible new owner of the stricken industrial pumpmaker today triggered hopes of a major job...

See the full content of this document