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Elm takeover

21st May 1983, Page 13
21st May 1983
Page 13
Page 13, 21st May 1983 — Elm takeover
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Which of the following most accurately describes the problem?

CHARTHIRE SERVICES is expanding its contract hire business into the London area by paying around Elm for Cooper London and its J. Lomas subsidiary.

Stirling-based Charth ire operates from Scotland, Leeds, and the West Midlands and runs around 600 vehicles. Its acquisition of Cooper — the first takeover by the company — gives it another 300 vehicles, many of them devoted to newspaper delivery work.