HC Deb 01 December 1986 vol 106 c433W
Mr. Arnold

asked the Secretary of State for Trade and Industry (1) what is his policy towards takeovers of public limited companies by management groups from outside such companies;

(2) if the Director General of Fair Trading has provided him with information about the management buy-in of Simon Engineering plc by means of an offer by a new management and institutional consortium through Valuedale plc; and if he will make a statement.

Mr. Howard

I will write to my hon. Friend as soon as possible.