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British Caledonian (Proposed Sas Purchase)

Volume 124: debated on Monday 7 December 1987

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To ask the Chancellor of the Duchy of Lancaster if he will make it his policy to refer any proposed purchase of shares by SAS in British Caledonian to the Monopolies and Mergers Commission; and if he will make a statement.

My right hon. and noble Friend the Secretary of State announced on 3 December that he had decided not to refer this proposal to the Monopolies and Mergers Commission. His decision was in accordance with the recommendation of the Director General of Fair Trading.