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Water Companies

Volume 205: debated on Monday 9 March 1992

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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.

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.

CompanyPrice per share£ million
North West375680·47
Severn Trent348627·57
South West382231·84

Note: The share prices are those given in the Financial Times for the close of business on 3 March 1992.