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Written question asked by Lord Stratford (Labour), in the House of Commons. It was due for an answer on Friday, 29 November 1996. It was answered by John M Taylor (Conservative) on Friday, 29 November 1996 on behalf of the Department of Trade and Industry.


Dept of Trade and Industry

Question
If he will refer the bids from United States companies for East Midlands Electricity and Northern Electric to the Monopolies and Mergers Commission. - (Holding answer 25 November 1996).
Answer

Mr. Tony Banks: To ask the President of the Board of Trade if he will refer the bids from United States companies for East Midlands Electricity and Northern Electric to the Monopolies and Mergers Commission; and if he will make a statement. [5702] Mr. John M. Taylor: [holding answer 25 November 1996]: The Director General of the Fair Trading is currently considering the bids by CE Electric and Dominion Resources for Northern Electric and East Midlands Electricity respectively and will advise my right hon. Friend the President of the Board of Trade in due course. All representations on this matter should therefore be submitted directly to the DGFT. The President will make his decision on whether or not to refer the bids to the Monopolies and Mergers Commission, in the light of the DGFT's advice.


Secondary information

Type
Written question
Reference
5702; 286 c425W;286 c423W
Session
1996-97
Subjects
Takeovers USA Northern Electric East Midlands Electricity