Mod Sells Off Pounds 300m Research Firm Stake ; in Association with Rensburg Sheppards

Summary


THE sale of the Government's stake in the research firm whose work has been compared to James Bond's Q was set to add nearly pounds 300m to Treasury coffers.

The disposal of the Ministry of Defence's 18.9% holding in Qinetiq would see the former Defence Evaluation and Research Agency pass fully into private hands after it was floated in 2006.

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Mod Sells Off Pounds 300m Research Firm Stake ; in Association with Rensburg Sheppards

The MoD's stake is worth...

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