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Written question asked by Lord Myners (Crossbench) on Thursday, 9 March 2017, in the House of Lords. It was due for an answer on Thursday, 23 March 2017. It was answered by Lord Prior of Brampton (Conservative) on Wednesday, 15 March 2017 on behalf of the Department for Business, Energy and Industrial Strategy.


ARM: SoftBank

Question

To ask Her Majesty’s Government whether they were consulted by SoftBank before that company's sale of an interest in ARM Holdings; and what assessment they have made of the extent to which that disposal is consistent with the commitments which were secured by the Government from SoftBank at the time they endorsed its investment.

Answer

The Takeover Panel is responsible for the enforcement of post-offer undertakings.


Secondary information

Type
Written question
Reference
HL5950
Session
2016-17
Subjects
Sales ARM SoftBank
Link
View this Written question on www.parliament.uk