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Mergers

Volume 503: debated on Thursday 14 January 2010

To ask the Minister of State, Department for Business, Innovation and Skills how many mergers of companies have taken place in (a) North Yorkshire and (b) England in each of the last three years. (309524)

I have been asked to reply.

The information requested falls within the responsibility of the UK Statistics Authority. I have asked the authority to reply.

Letter from Stephen Penneck, dated January 2010:

As Director General for the Office for National Statistics 1 have been asked to reply to your recent Parliamentary Question asking 'how many mergers of companies have taken place in (a) North Yorkshire and (b) England in each of the last three years' (309524).

The Office for National Statistics collects information on UK Mergers and Acquisitions through quarterly surveys looking at both cross border and domestic transactions. Unfortunately these surveys are only able to provide data for the UK as a whole, meaning that regional analysis is not possible.

Data on the number of domestic (UK companies acquiring other UK companies) and inward (foreign companies acquiring UK companies) transactions from q1 2007 to q3 2009 are provided below.

Number of inward and domestic mergers and acquisitions (over 50 per cent. ordinary shares), United Kingdom, Q1 2007 to Q3 2009

Reference period

Number of inward acquisitions

Number of domestic acquisitions

2007

Q1

78

291

Q2

105

323

Q3

113

349

Q4

94

295

2007 Q1-4 total

390

1,258

2008

Q1

113

265

Q2

85

298

Q3

84

197

Q4

69

220

2008 Ql-4 total

351

980

2009

Q1

47

209

Q2

37

127

Q3

32

115

2009 Q1-3 total

116

451