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Mr. Eldon Griffiths
asked the Secretary of State for Industry if he will make a statement on the Hambro's Bank's offer to purchase Fairey Holdings from the National Enterprise Board; and if, when considering the proposal, he will enable employees of Fairey Holdings to purchase a proportion of the shares if they wish.
Mr. Michael Marshall
I understand that the board is still considering this offer but it has not yet put any proposals about it to my right hon. Friend.