I proposed that the Government should initially retain a 51 per cent stake in the new company.
News International, with its 50 per cent stake in the business, was unchanged at 225p.
The acquisition of a 52 per cent stake was completed in July 2012.
He has a 15 per cent stake in United's shares.
A "strategic partner" would then be sought to buy a 15 per cent stake.
News Corporation owns a 39.14 per cent controlling stake in the company.
But why, policyholders may well ask, should they give up a 40 per cent stake in the business?
Both firms have taken a 45 per cent stake in each other 's truck business.
The deal saw the broker's own management take a 25 per cent stake in the business.
Both companies each have a 40 per cent stake.
