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.
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Join our commenting forum
Join thought-provoking conversations, follow other Independent readers and see their replies
Comments