Munster Chipboard factory takeover

Summary

Takeover negotiations are at an advanced stage, and the Minister expects them to conclude within weeks if all goes well.

Austin Deasy Mr. Deasy Fine Gael

asked the Minister for Industry, Commerce and Energy the present position regarding negotiations for the taking over and reopening of the Munster Chipboard factory Waterford.

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Desmond J. O'Malley Mr. O'Malley Fianna Fáil

Negotiations for the take-over of the factory are at an advanced stage.

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Austin Deasy Mr. Deasy Fine Gael

We were told by the Minister for Fisheries and Forestry four months ago that they were at an advanced stage. How soon would the Minister anticipate that they would be concluded?

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Desmond J. O'Malley Mr. O'Malley Fianna Fáil

If all goes well they should be concluded in a matter of weeks.

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