HC Deb 28 January 1970 vol 794 c345W
60. Mr. John Lee

asked the President of the Board of Trade how many successful take-over bids and mergers have been notified to his Department during the last 12 months the terms of which involved payments to the shareholders of the companies taken over of prices in excess of 41 per cent. taking the market price quoted immediately before the publication of the bid as the base price.

Mrs. Gwyneth Dunwoody

There is no obligation to notify take-over bids or mergers to the Board of Trade, and information of the kind for which my hon. Friend asks is not available.