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THC-LEYLAND SWAP

30th July 1965, Page 22
30th July 1965
Page 22
Page 22, 30th July 1965 — THC-LEYLAND SWAP
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'HE agreed exchange of shares between 1 the THC and the Leyland Motor Corporation "on the basis that will lead to a development of their mutual interest in vehicle manufacturing" means that Leyland will get 25 per cent of the share capital of Bristol Commercial Vehicles Ltd. and Eastern Coach Works Ltd. in exchange for just under 30 per cent of the ordinary share capital of Park Royal Vehicles Ltd. (a Leyland subsidiary since