AIM-listed bus manufacturer Darwen Group last week saw trading in its shares suspended after a reverse takeover approach from Leeds-based bus builder Optare.
Entrepreneur Roy Stanley is a majority shareholder in Darwen and acquired Optare through his Jamesstan Investments vehicle. Chief executive of Darwen, Andrew Brian, said: “Optare is a very highly regarded brand within the industry, and the deal we are discussing would present a very exciting opportunity for us, our shareholders, and...
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