§ Mr. CorbynTo ask the Chancellor of the Exchequer how much ABN Amro Rothschild was paid for handling the sale of the Government's stake in the Mersey Docks and Harbour Company. [38554]
§ Mr. Geoffrey Robinson[holding answer 20 April 1998]: ABN AMR() Rothschild (AAR) acted as financial adviser and bookrunner to the Treasury for the sale in March 1998 of its remaining 12.4 million shares in the Mersey Docks and Harbour Company. The total fee due to AAR for these services is £175,734, representing 0.25 per cent. of the gross proceeds of £70,126,647.