HC Deb 28 January 1970 vol 794 c333W
5. Mr. Tom Boardman

asked the President of the Board of Trade when he will announce the results of his study into the possibility of more compulsory disclosure in the accounts of conglomerate companies.

Mrs. Gwyneth Dunwoody

I am considering, in consultation with the Panel on Take-overs and Mergers, the possibility of securing greater disclosure by parties to take-over bids. My right hon. Friend the First Secretary of State is proposing to seek in the legislation establishing the Commission for Industry and Manpower new powers to require disclosure by individual companies of financial information.