HC Deb 20 May 1988 vol 133 c593W
Mr. Gould

To ask the Chancellor of the Duchy of Lancaster what action he proposes to take, pending a report from the Monopolies and Mergers Commission, in the event that the Kuwaiti Investment Office increases its shareholding in BP by taking its dividend in the form of additional shares.

Mr. Kenneth Clarke

In accordance with normal practice, the Office of Fair Trading has invited the Kuwait Investment Office to give an undertaking, pending the outcome of the Monopolies and Mergers Commission inquiry, that it will not acquire additional BP shares.