HC Deb 21 October 1971 vol 823 c177W
Mr. Bishop

asked the Secretary it State for Trade and Industry if he will make a statement regarding negotiations for the sale of Rolls-Royce Composite Materials and on his policy with regard to the possible purchase of the company by a foreign country.

Mr. Corfield

Disposal of Rolls-Royce (Composite Materials) Ltd. is a matter for the Receiver and Joint Liquidators of Rolls-Royce Ltd. A proposal to transfer the company into foreign ownership would be considered on its merits, as are all proposals for inward investment.