§ Mr. Simon HughesTo ask the Secretary of State Environment if he will indicate, for each of the 10 water plcs, the cost at current market prices of purchasing a controlling interest of the companies' shares; and if he will make a statement.
§ Mr. BaldryAt the price given in the second column of the table, the cost of purchasing a 51 per cent. stake in each of the privatised water companies would be as given in the third column.
Company Price per share £ million Anglian 368 553.10 North West 375 680.47 Northumbrian 400 133.62 Severn Trent 348 627.57 Southern 341 284.69 South West 382 231.84 Thames 382 748.50 Welsh 388 285.15 Wessex 414 216.63 Yorkshire 401 401.86 Note: The share prices are those given in the Financial Times for the close of business on 3 March 1992.