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House Of Fraser And Lonrho (Merger)

Volume 23: debated on Monday 10 May 1982

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asked the Minister for Trade what representations he has received from the parties involved in the proposed merger of House of Fraser and Lonrho Ltd. since the report of the Monopolies and Mergers Commission was published on that proposal.

My right hon. and noble Friend has received many communications from, and on behalf of, both parties. He has also received representations from Lonrho concerning a possible review of the undertakings the company gave following the Monopolies and Mergers Commission's report. Before reaching a decision on these representations, my right hon. and noble Friend will be taking account of the advice of the Director General of Fair Trading and the views of House of Fraser.