§ Mr. Benceasked the Chancellor of the Exchequer at what date the Iron and Steel Holding and Realisation Agency acquired the stock of the Whitehead Iron and Steel Co., of Newport, Monmouthshire; and what proportion of the capital of this company is held by the Iron and Steel Holding and Realisation Agency.
§ Mr. GreenRichard Thomas and Baldwins Ltd., a wholly-owned subsidiary of the Iron and Steel Holding and Realisation Agency, indicated its intention to make an unconditional offer to purchase the issued share capital of the Whitehead Iron and Steel Co., Ltd. on 1st February, 1963. Formal offer documents were posted on 12th February, 1963. Richard Thomas and Baldwins Ltd. now owns the whole of the issued share capital of the Whitehead Iron and Steel Co., Ltd. The Iron and Steel Holding and Realisation Agency thus has no direct holding in the Whitehead Iron and Steel Co., Ltd.