Iann Barron reveals that a management buyout for Inmos International Plc from Thorn EMI Plc – with the parent retaining a stake – was close to being clinched last autumn, but Thorn finally walked away from the deal because it felt that Inmos needed more new investment than it would have been able to raise as a stand-alone company.
MANAGEMENT BUYOUT FOR INMOS FROM THORN FAILED
