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Henlys, the school bus manufacturer, is to restructure the business and transfer control to its creditor banks, and the nine staff at its London head office are expected to lose their jobs. 14-Jun-2004 Mayflower and Henlys are forming a joint venture for their bus manufacturing operations, which will include 3,300 employees at seven locations in Scotland and Yorkshire. 02-Aug-2000 Henlys is to lay off 130 assembly workers at its Plaxton bus plant in Scarborough, having identified productivity efficiencies. 22-Mar-2000 Henlys is to raise £111m in a rights issue in order to fund the recently-announced acquisition of US bus maker Blue Bird Corporation. 15-Sep-1999 Henlys is to acquire Blue Bird Corporation, the US school bus manufacturer, for £267m, prompting speculation that Volvo is about to bid for Henlys. 02-Sep-1999 Henlys is planning to spend up to £100m on acquisitions this year in order to expand its bus building activities in the US, and discussions are taking place with a number of companies. 20-Mar-1999 Henlys and Volvo are in talks to jointly acquire MASA, the Mexican coachbuilder, and a deal should be completed by the end of the year. 02-Sep-1998 Volvo has increased its stake in the Henlys bus group to 3.3%, in order to support Henlys' bid for the Dennis special vehicles business. 14-Aug-1998 Henlys is to merge with Dennis Group to create a £523m group that will have the strength to compete in the rapidly growing US market for the manufacture of bus bodies. 31-Jul-1998 Henlys is looking to spend up to £80m to expand its North American coachbuilding business, either through acquisitions or through its joint venture with Volvo. 19-Mar-1998 Henlys, along with its joint venture partner Volvo Bus, has acquired Nova Bus of Montreal for £21m. 23-Dec-1997 Henlys is selling its motor dealerships to a management buy-out for £56.6m, in order to focus on its growing bus building business. 06-Aug-1997
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