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Rolls-Royce Limited

Volume 827: debated on Monday 6 December 1971

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asked the Secretary of State for Trade and Industry when he expects to conclude negotiations with the Receiver and Liquidator of Rolls-Royce Limited, so that unsecured creditors may be paid in full.

I cannot forecast when negotiations about the price payable for the assets acquired by Rolls-Royce (1971) Ltd. will be completed. Until this price is determined it is not possible to say how it will affect the dividend prospects of the unsecured creditors of Rolls-Royce Ltd.