'RUEHAUF Corporation of merica looked increasingly Ike winning its I3-month
Page 7

If you've noticed an error in this article please click here to report it so we can fix it.
rattle for Crane Fruehauf this veek as the number of shares he company owned in Crane 'ose to 42.7 per cent.
The news followed a new .00p bid from Fruehauf — its ifth — to place the bid '7p ibove the second bid by the Inclicape group, which raised ts offer to 93p.
Now two Conservative MPs And one Labour member have sponsored a motion in the House of Commons calling for the company to be kept under British ownership.
But this has been seen as a last ditch stand, as the Fruehaf takeover plans have already been cleared by the Monopolies Commission.
The new Fruehauf bid values the company at £15.3mi!lion, against the original price of E4.2 million, and last week Crane shares increased in value by 6.5p due to the new bid.