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Germany (Krupp Industries)

Volume 649: debated on Wednesday 22 November 1961

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asked the Lord Privy Seal whether he will make a statement on the progress of arrangements for the disposal of the interests of Alfried Krupp in the coal and steel industries.

Under the Krupp Deconcentration Plan of March, 1953, assets worth about £12 million have been disposed of. The remainder of the coal and steel assets incorporated in the Rheinhausen company remain to be sold.