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House Of Fraser (Takeover)

Volume 111: debated on Wednesday 25 February 1987

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asked the Secretary of State for Trade and Industry, pursuant to his reply of 2 February, Official Report, column 505, when he expects to reach his conclusion on material submitted on behalf of Lonrho relating to the takeover of the House of Fraser by Mr. Al Fayed.

My right hon. Friend has not yet completed his consideration of the material in question and is not in a position to advise when he will do so.