Takeover bid for Dobson Park

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Taakeover bid for Dobson Park

Dobson Park, the Wigan-based engineering group, has received a takeover approach from American mining equipment manufacturer Harnischfeger. The US group has held discussions with the Dobson board and is pursuing an agreed bid. The company is keen to combine its Joy Mining machinery business with Dobson's Longwall International to increase its presence in the mining equipment market. Dobson's shares finsished unchanged at 83p.