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May 9, 1988

STC CHIEF EXECUTIVE IS NOT SHOPPING FOR A DEFENCE ARM

By CBR Staff Writer

Don’t look to STC Plc if any substantial defence electronics interests should come on offer: we hear that at a City lunch last week, chief executive Arthur Walsh told the assembly that he was definitely not shopping for a defence arm, the message being that if one were to drop into his lap at a bargain price, he wouldn’t say no, but otherwise, don’t hold your breath.

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