anthony263
Established Member
According to the latest issue of route one magazine
ADL are considering whether or not to put a bid in to buy Optare outright, this should allow it to snatch control of Optare from under the noses of indian based Asok Leyland who are trying to get a 75% stake in Optare.
I am not too sure what to make of this, especially considering the build quality of Optare products compared to those offered by Alexander Dennis.
This is all still subject to confirmation and ADL could decide to walk away from making a bid for Optare
ADL are considering whether or not to put a bid in to buy Optare outright, this should allow it to snatch control of Optare from under the noses of indian based Asok Leyland who are trying to get a 75% stake in Optare.
I am not too sure what to make of this, especially considering the build quality of Optare products compared to those offered by Alexander Dennis.
This is all still subject to confirmation and ADL could decide to walk away from making a bid for Optare