HC Deb 02 March 1976 vol 906 cc527-8W
Mr. Robert Taylor

asked the Secretary of State for Trade if he is satisfied that the consideration paid for the 53.6 per cent. interest in Lowe and Brydon Limited formerly held by Ambion Holdings Limited represents a fair valuation and safeguards the interests of the creditors of Ambion Holdings.

Mr. Clinton Davis

The terms of such a transaction are a matter for the com- mercial judgment of the parties concerned, not for me. If, however, the hon. Member has evidence to suggest that a breach of the Companies Acts has taken place which might warrant investigation by my Department, perhaps he would let me know.

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