HC Deb 22 July 1974 vol 877 cc347-8W
Mr. Skeet

asked the Secretary of State for Industry what is his policy in relation to the offer by Brown Boveri to advance funds to George Kent Ltd., in which Her Majesty's Government hold a proportion of the shares, in return for a controlling interest.

Mr. Eldon Griffiths

asked the Secretary of State for Industry if, in view of the Government's 24.56 per cent. holding in the George Kent Instruments Company, he will make a statement on their policy towards the bid by the Swiss company, Brown Boveri, to acquire effective majority control through the formation of two new companies, Brown Boveri Kent and Scientific and Medical Instruments, by the investment of £6 million in the former.

Mr. Benn

I am not in a position to make a statement at this stage.

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