(Reuters) - LONDON, June 14 - Speedy Hire Plc agreed
to buy its nearest competitor, the tool hire division of Hewden
Stuart, for 115 million pounds in cash to bolster
its position as Britain's biggest tool hire company.
The deal, announced on Thursday, comes a day after Archie
Norman, former chief executive of supermarkets group Asda,
teamed up with Och-Ziff Capital to buy tool hire company HSS
from private equity firm 3i for 310 million pounds.
Read more at Reuters.com Bonds News
to buy its nearest competitor, the tool hire division of Hewden
Stuart, for 115 million pounds in cash to bolster
its position as Britain's biggest tool hire company.
The deal, announced on Thursday, comes a day after Archie
Norman, former chief executive of supermarkets group Asda,
teamed up with Och-Ziff Capital to buy tool hire company HSS
from private equity firm 3i for 310 million pounds.
Read more at Reuters.com Bonds News
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