HC Deb 09 November 1976 vol 919 c155W
Mr. Hugh Jenkins

asked the Secretary of State for Trade if he will confirm that he approved the sale of the publicly owned preference share in British Lion to EMI; and if he is satisfied that the price paid for it was full and fair.

Mr. Dell

The NFFC kept my Department in touch with its negotiations concerning the sale of this share in British Lion. The sale price was determined by the NFFC in negotiation with EMI and with the benefit of professional advice. I did not raise any objection.

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