British bidder joins battle for MG

A British bid for the MG division of the stricken MG Rover Group is expected to be formally offered today.

British bidder joins battle for MG
Wed, 20 Jul, 2005 - 09:06

A British bid for the MG division of the stricken MG Rover Group is expected to be formally offered today.

Business trouble-shooter David James indicated that the bid from his consortium will be worth around £15m (€21m), and will be for the sports car division only, in the hope of maintaining a niche manufacturer on the Longbridge site in the West Midlands.

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CourtsBusinessHeathrowPlace: LongbridgePlace: West MidlandsPerson: David JamesPerson: JamesOrganisation: MGOrganisation: MG Rover GroupOrganisation: PricewaterhouseCoopersOrganisation: SAIC
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