Nottinghamshire County Council is to buy out Cornwall Council’s shareholding in the Via East Midlands Ltd highway and vehicle fleet management joint venture company.
Via East Midlands was set up in 2016 to provide highway/fleet services to Nottinghamshire and external markets.
Corserv, a company wholly owned by Cornwall, held 51 per cent of the shares in Via East Midlands, with Nottinghamshire holding the other 49 per cent. Dividends are shared equally.
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