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United Kingdom Statutory Instruments |
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You are here: BAILII >> Databases >> United Kingdom Statutory Instruments >> The Merger Reference (Strong & Fisher, Hillsdown and Pittard Garnar) (Revocation) Order 1989 No. 636 URL: http://www.bailii.org/uk/legis/num_reg/1989/uksi_1989636_en.html |
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Statutory Instruments
MONOPOLIES AND MERGERS
Made
6th April 1989
Laid before Parliament
11th April 1989
Coming into force
11th April 1989
The Secretary of State, in exercise of the powers conferred on him by sections 74(1)(a), 75(4) and 134(2) of the Fair Trading Act 1973(1), hereby makes the following Order:
1. This Order may be cited as the Merger Reference (Strong & Fisher, Hillsdown and Pittard Garnar) (Revocation) Order 1989 and shall come into force on 11th April 1989.
2. The following Orders are hereby revoked-�
(i)the Merger Reference (Strong & Fisher (Holdings) plc and Pittard Garnar plc) Order 1988(2);
(ii)the Merger Reference (Hillsdown Holdings plc and Pittard Garnar plc) Order 1988(3).
Francis Maude
Parliamentary Under Secretary of State for Corporate Affairs,
Department of Trade and Industry
6th April 1989
(This note is not part of the Order)
This Order revokes two Orders made to prevent prejudicial action during investigation by the Monopolies and Mergers Commission of proposed mergers between Pittard Garnar plc and (i) Strong & Fisher (Holdings) plc and (ii) Hillsdown Holdings plc respectively. The two earlier Orders prohibited Strong & Fisher and Hillsdown from taking their holdings of Pittard Garnar shares over 15%, exercising 15% or more of voting rights in Pittard Garnar or making agreements with others to secure control of Pittard Garnar. Strong & Fisher and Hillsdown are now released from those prohibitions. The relevant reports of the Monopolies and Mergers Commission are Cm. 663 and Cm. 665, published by Her Majesty's Stationery Office.
