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Fairey Holdings Limited

Volume 982: debated on Tuesday 1 April 1980

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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.

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.