§ Mr. StreeterTo ask the Secretary of State for the Environment if he will make a further statement on the sales of the Property Services Agency's building management businesses.
§ Mr. CurryIn accordance with the respective share sale agreements, the consideration for each business has been adjusted to reflect the difference between the net asset value of the business estimated prior to completion, and the actual net asset value as determined after completion.
I can now advise that the agreed consideration adjustments made by PSA Services to the purchasers are as follows:
Business Purchaser Adjustment £ BM Scotland Serco 725,179 Noreast BM John Mowlem Construction plc 2,801,391 BM Manchester W. S. Atkins Building and Property 3,607,697 BM South East Management Services Ltd. 1,979,677 BM South and West (Amec-Pell Frischmann Consortium) 3,873,662