HC Deb 18 December 1986 vol 107 c609W
Mr. Forth

asked the Secretary of State for Trade and Industry what recommendation he has received from the Rover Group board concerning its information technology subsidiary, ISTEL; and if he will make a statement.

Mr. Giles Shaw

My right hon. Friend has accepted the board's recommendation that Rover Group should proceed to detailed negotiations with the management buy-out as the preferred route for selling a majority stake in ISTEL.