Thorn EMI Plc has retained Wall Street investment bank Goldman Sachs to help it find one or more partners for its chip-making subsidiary, Inmos International. Announcing the move, chairman Sir Graham Wilkins said that despite losing UKP10m on turnover of UKP42m in the year to March 31, Inmos, which lost UKP17m the previous year, was now healthy enough to attract outside investors – although Thorn has had no offers to date. In 1986-87, it pumped in a further UKP40m, taking its total spend on the chipmaker to over UKP300m including the price it paid the National Enterprise Board.
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