HC Deb 26 May 1988 vol 134 c242W
Mr. Gregory

To ask the Chancellor of the Duchy of Lancaster what information he has to how many acquisitions by United Kingdom companies of Swiss companies of a significant size were made in 1987; how many of these were contested bids; and how many were agreed.

Mr. Maude

United Kingdom companies are not required to register overseas acquisitions of companies. However, transactions identified from published sources involving United Kingdom companies acquiring Swiss companies during 1987 are as follows. There is no available information on whether any of these acquisitions were contested, or whether there were other bids which were contested and failed.

Acquiring company Swiss company acquired
John Crowther Wollimex AG
Queen's Moat Houses Hotel Admiral

This list does not include purchase of minority stakes or assets in Swiss companies.