HC Deb 29 November 1988 vol 142 c223W
65. Mr. Bradley

To ask the Secretary of State for Defence what valuation was placed on the sale of intellectual property rights associated with the sale of Royal Ordnance plc; and what was the total number of such rights transferred.

69. Mr. Pike

To ask the Secretary of State for Defence what valuation was placed on the sale of intellectual property rights associated with the sale of Royal Ordnance plc; and what was the total number of such rights transferred.

113. Mr. Hinchliffe

To ask the Secretary of State for Defence what valuation was placed on the sale of intellectual property rights associated with the sale of Royal Ordnance plc; and what was the total number of such rights transferred.

118. Mr. McCartney

To ask the Secretary of State for Defence what valuation was placed on the sale of intellectual property rights associated with the sale of Royal Ordnance plc; and what was the total number of such rights transferred.

Mr. Sainsbury

There was no specific valuation placed on the intellectual property rights associated with the sale of Royal Ordnance plc. The sale was made on the basis of the price offered by the highest bidder for the whole enterprise, including the IPR. Such rights are not individually distinct and include sub items and overlapping rights and for that reason it is not possible to assign a meaningful number to the rights transferred.

Mr. Tony Lloyd

To ask the Secretary of State for Defence if he will estimate the extent to which the ability to produce sufficient supplies of explosives and propellants in the United Kingdom in time of crisis has been affected by the sale of Royal Ordnance plc.

Mr. Sainsbury

I refer the hon. Member to the answer I gave today to the hon. Member for Paisley, South (Mr. Buchan).

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