§ Mr. MacKenzie
asked the Secretary of State for Trade and Industry what action he intends to take in connection with the proposed takeover by Chicago Pacific of Hoover (UK) Ltd.; and if he will make a statement.
§ Mr. Howard
If the proposed takeover qualifies for investigation under the Fair Trading Act 1973, my right hon. and learned Friend may refer it to the Monopolies and Mergers Commission for investigation. He will decide whether to make a reference after receiving the advice of the Director General of Fair Trading.