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NBC feasibility study set up

4th January 1986, Page 4
4th January 1986
Page 4
Page 4, 4th January 1986 — NBC feasibility study set up
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Which of the following most accurately describes the problem?

FOLLOWING last month's Government invitation to the National Bus Company's management to buy their companies in preparation for deregulation, a feasibility study on the issue has been set up.

Price Waterhouse — which was appointed as advisors to the Government in May about the proposed reorganisation and privatisation of the NBC — has now appointed Bankers Trust, an offshoot of the American bank to conduct a six-week study.

The aim is to see if a management buyout is a viable way of achieving the Transport Secretary Nicholas Ridley's privatisation objectives.