FORD OFFER APPROVED
25th November 1960, Page 44
25th November 1960
Page 44
Page 44, 25th November 1960
— FORD OFFER APPROVED
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L'OLLOWING an announcement in the I Commons on Monday by Mr. Selwyn Lloyd, Chancellor of the Exchequer, that the Government would not oppose the bid for the remaining shares in the Ford Motor Co., Ltd., by the American Ford concern (which already holds 54 per cent. of them), the English Ford directors have announced that they anticipate, at the appropriate time, recommending shareholders to accept the American offer.