§ Mr. DuncanTo ask the Chancellor of the Duchy of Lancaster if he will list the executive agencies sold to private buyers since the inception of the Next Steps programme indicating(a) the date of the transaction, (b) the type of transaction, (c) the name of the buyer or buyers and (d) the price agreed. [51618]
Mr. KilfoylesEleven agencies have been wholly sold and two agencies have been part sold to private buyers since the inception of the Next Steps programme. They are as listed.
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Agency name Date of transaction Type of Transaction Name of buyer/buyers Price agreed Paymaster 1 April 1997 Share sale EDS and Hogg Robinson PLC £22.81 million ADAS (all of ADAS's consultancy and laboratory services and all of its research and development work has been privatised) 2 April 1997 Management buyout Management and employee buyout team £23.5 million DERA (Support Services Division was privatized) 25 April 1997 Trade sale Cinven £74 million