HC Deb 07 March 1988 vol 129 c12W
Mr. Cryer

To ask the Chancellor of the Duchy of Lancaster what representations he has received, other than from the management of British Aerospace, asking for British Aerospace's negotiations for the acquisition of Rover Group to be conducted on an exclusive basis; what consultations he undertook before deciding to accede to such requests, and with whom; and if he will make a statement.

Mr. Kenneth Clarke

My right hon. and noble Friend the Secretary of State consulted the chairman of Rover Group, Mr. Day, who advised that the Rover Group board considered exclusive negotiations with BAe should be pursued. The Government have accepted this advice, provided that negotiations are concluded by the end of April.

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