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Mr. Simon Hughes
To ask the Secretary of State Environment if he will indicate, for each of the 10 water plcs, the cost at current market prices of purchasing a controlling interest of the companies' shares; and if he will make a statement.
Mr. Baldry
At the price given in the second column of the table, the cost of purchasing a 51 per cent. stake in each of the privatised water companies would be as given in the third column.
| Company | Price per share | £ million |
| Anglian | 368 | 553·10 |
| North West | 375 | 680·47 |
| Northumbrian | 400 | 133·62 |
| Severn Trent | 348 | 627·57 |
| Southern | 341 | 284·69 |
| South West | 382 | 231·84 |
| Thames | 382 | 748·50 |
| Welsh | 388 | 285·15 |
| Wessex | 414 | 216·63 |
| Yorkshire | 401 | 401·86 |
Note: The share prices are those given in the Financial Times for the close of business on 3 March 1992.