Chinese groups eye bid for historic East Mids manufacturer
Two Chinese industrial groups are said to be eyeing a bid for Burton upon Trent engineering giant Doncasters.
According to reports, the Yinyi Group and Impro, both of which employ thousands of people across the world, are putting together takeover packages for Doncasters.
Doncasters' owners have been looking to sell for some time and have employed Goldman Sachs to find a buyer. At the moment, say reports, offers of interest are "tenative" and no concrete bids have been made.
Doncasters can trace its routes back to 1778 and employs ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
