NEWMAN, HAWKER DISCUSS ELECTRIC MOTOR MERGER
<Newman Industries Plc> said it was
discussing the possible merger of its electric motor operations
with Hawker Siddeley Group Plc's <HSID.L> <Brook Crompton
Parkinson Motors Ltd> unit.
    Newman has electric motor operations in the U.K. And
Australia. The company gave no further details but said a
further statement would be made shortly.
    Newman shares eased one penny on the announcement to 43p
while Hawker was unchanged at 528p, three pence higher on last
night's close.
 REUTER
