Complex sentence: By the end of 1982, British Shipbuilders had closed half of its shipyards and the terms of the British Shipbuilders Act 1983 required the company to begin a process of privatising its remaining assets.
Split into simpler sentences: By the end of 1982, British Shipbuilders had closed half of its shipyards. The terms of the British Shipbuilders Act 1983 required the company to begin a process of privatising its remaining assets.