HC Deb 14 December 1988 vol 143 c575W
Mr. Jim Marshall

To ask the Secretary of State for Northern Ireland if he will make a statement on the proposed timetable for the sale of Shorts and the Government's contingency plans to safeguard the future of the company if no suitable offers are received.

Mr. Viggers

Interested parties have already been asked to register their interest with the Government's merchant bank advisers and an information memorandum is being prepared which will be issued to a selected short list. The Government are committed to the privatisation of Shorts and their preference is that the company should be sold as a single unit. Beyond this, I have nothing to add to my statement of 21 July.

Mr. Jim Marshall

To ask the Secretary of State for Northern Ireland if he will make a statement on his plans to produce a series of mini-prospectuses for potential purchasers of Shorts indicating the availability of sections of the company for separate purchase.

Mr. Viggers

I have no plans to produce a series of mini-prospectuses.

Forward to