HC Deb 20 May 1976 vol 911 c704W
Dr. Reginald Bennett

asked the Secretary of State for Industry from what sources Prestcold Ltd., a subsidiary of British Leyland, expects to find the £3.8 million with which it intends to take over the Searle Manufacturing Company; and whether this is expected to be found from liquid assets or is to be a further addition to British Leyland's indebtedness.

Mr. Les Huckfield

The NEB has informed me that the acquisition will be funded entirely from Leyland Special Products' own financial resources.

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