HC Deb 21 January 1994 vol 235 c843W
Mr. Hunter

To ask the Chancellor of the Exchequer whether he has identified a prospective purchaser for Forward: Civil Service Catering.

Mr. Nelson

A number of offers were received from prospective purchasers on 17 January. I have considered these offers in consultation with KPMG Corporate Finance, the financial advisers to the privatisation, as a result of which detailed negotiations are under way with Sutcliffe Catering Group Ltd., a subsidiary of Granada Group plc, with the intention of reaching final agreement for an early completion of the sale to Sutcliffe of the business of Forward: Civil Service Catering.