HC Deb 05 November 1973 vol 863 c42W
Sir H. Harrison

asked the Secretary of State for Trade and Industry what would be the cost of acquiring the machine tool industry.

Mr. Anthony Grant

The latest Stock Exchange Fact Book gives the market value of the ordinary shares of quoted companies in the machine tool industry on 29th June 1973 as £161 million. I regret that I cannot provide an estimate of the cost of acquiring non-quoted companies in the industry.