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New Star orbil

27th August 1983
Page 5
Page 5, 27th August 1983 — New Star orbil
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Which of the following most accurately describes the problem?

STAR BODIES, the Natior Freight Consortium's Oldha based bodybuilding subsidia could be sold by the end of no month if a satisfactory deal c be concluded.

North Western BRS managi director Ron Fortune, whc company is responsible for I loss-making bodybuilder, cc firmed this week that disc' sions were being held with pr pective buyers. One of these Buckstone Bodies, who premises are adjacent to Star': The success of these disc' sions hinged on the outcome talks with the 60 employees Star, whose interests (partly NEC shareholders) a paramount in any deal. ") want to arrive at a deal with th agreement," Mr Fortune ti CM.

Star, which builds bodies a body kits for NFC and the or market, has been trading al loss over the last two years, a has come under considera pressure as competitors hi' priced their products keenly a volumes of business have fall There is no compulsion on N companies to make use of