HC Deb 15 November 1988 vol 140 c583W
Mr. Marshall

To ask the Chancellor of the Duchy of Lancaster whether the investigation by the Monopolies and Mergers Commission into the bid for Scottish and Newcastle by Elders IXL will also cover the shareholding by Elders in Scottish and Newcastle.

Mr. Atkins

When the reference was made, Elders had some 13.7 per cent. of Scottish and Newcastle's share capital. In the course of its investigation the MMC is obliged to consider any subsequent acquisitions by Elders of Scottish and Newcastle shares.