Results 1–20 of 9000 for merger

Orders of the Day — Building Societies Bill: Notification of Proposals for Merger (4 Jun 1986)

'4. In this Part of this Schedule— merger" means an amalgamation of building societies under section 82 or a transfer of all the engagements of one building society to another under section 83; and "merge" has a corresponding meaning;merger proposal", in relation to a building society, means a proposal in writing, by another building society desiring to merge with it, for the societies to...

Written Answers — Health: NHS (26 Apr 2011)

Simon Burns: Clause 65 of the Bill makes provision for mergers involving national health service foundation trusts to be considered by the Office of Fair Trading (OFT) under the Enterprise Act 2002. This ensures that there is a fair playing field for all providers of health care services. This replaces the current system whereby the Co-operation and Competition Panel advises Monitor on the impact of such...

Written Answers — House of Lords: NHS: Foundation Trusts (15 Mar 2010)

Baroness Thornton: The Co-operation and Competition Panel began operations in January 2009 and has received the following merger cases involving National Health Service organisations: merger of Croydon Primary Care Trust's (PCT's) provider services arm and Mayday Healthcare NHS Trust;transfer of Buckinghamshire PCT's provider services arm to Buckinghamshire Hospitals NHS Trust;East London NHS Foundation Trust...

Written Answers — House of Lords: NHS: Mergers (20 Jun 2012)

Earl Howe: To avoid the uncertainty and risk of "double jeopardy" that foundation trusts previously faced under merger control arrangements, the Health and Social Care Act 2012 provides that a merger between two foundation trusts would be a relevant merger to be considered by the Office of Fair Trading (OFT) for review under the Enterprise Act 2002. These provisions do not extend to foundation trust...

Public Bill Committee: Technical and Further Education Bill: Examination of Witnesses (22 Nov 2016)

Ian Pretty: Can I build on the discussion on mergers, which I think is a healthy one? To me, the merger is the merger. It is very easy to say, “We are all going to merge together. It’s all going to be wonderful, and the world is going to be fantastic,” but if you look at the statistics across all sectors—commercial and public—only 25% of mergers ever achieve their objectives....

Orders of the Day — Companies Bill [Lords]: Merger References (26 Oct 1989)

Mr John Garrett: These two new clauses deal with the onus of proof in merger cases. Under the Fair Trading Act 1973, if a proposed merger involves net assets of a value of more than £30 million or a 25 per cent. product market share it is scrutinised by the Director General of Fair Trading, who recommends to the Secretary of State whether the merger should be referred to the Monopolies and Mergers...

Charities Bill [HL] (8 Nov 2005)

Lord Bassam of Brighton: My Lords, in moving Amendment No. 17, I shall also speak to Amendments Nos. 18 to 23, which are grouped with it. Clause 44 is designed to make certain types of merger between charities easier. It does so with two legal devices: one is the vesting declaration, to make the transfer of property from a transferor charity to a transferee charity easier, and the other is a device to ensure that...

Written Answers — Department for Business, Energy and Industrial Strategy: ASDA: J Sainsbury (8 May 2018)

Andrew Griffiths: Sainsbury’s and Asda have stated that they have not planned any store closures and or instore job losses as a result of the proposed merger. They have also said that they intend to continue operating both brands. Mergers are independent of Ministerial control. Under the Enterprise Act 2002, which governs mergers in the UK, my rt. hon. Friend the Secretary of State has a role only in cases...

Public Bill Committee: Health and Social Care (Re-Committed) Bill: Clause 71 - Mergers involving NHS foundation trusts (12 Jul 2011)

Paul Burstow: That is why I am making it clear now, and why I was so keen to have the opportunity to do so. In practice, this would mean that the OFT would consider fewer mergers between foundation trusts than the panel currently does. A single regulator would present a significant improvement on the current arrangement, whereby both the Co-operation and Competition Panel and the OFT could end up...

Orders of the Day: New Clause 18 — Application of this Part (19 Oct 2006)

Sylvia Heal: With this it will be convenient to discuss the following: Government new clause 19— Relationship of this Part to Part 27. Government new clause 20— Mergers and merging companies. Government new clause 21— Draft terms of scheme (merger). Government new clause 22— Publication of draft terms (merger). Government new clause 23— Approval of members of merging companies. Government new...

Anderson Strathclyde and Charter Consolidated (Report) (22 Dec 1982)

Mr Peter Rees: With permission, Mr. Speaker, I should like to make a statement on the report of the Monopolies and Mergers Commission on the proposed merger between Anderson Strathclyde and Charter Consolidated and my decision not to prevent Charter Consolidated from renewing its bid for Anderson Strathclyde, if it decides to do so. The MMC submitted its report on 1 December. Since my right hon. and noble...

Orders of the Day — Enterprise Bill: Clause 21 — Duty To Make References In Relation To Completed Mergers (30 Oct 2002)

Miss Melanie Johnson: I shall speak to this group of merger and market amendments in two parts. First, I shall deal with the turnover threshold, and then I shall speak to themany technical amendments that constitute the remainder of the group. On the turnover threshold, we agree with the Lords that clause 22 should be amended. We believe that Lords amendment No. 20, which replaced the #45 million threshold for...

Clause 54: Merger Situation Qualifying for Investigation (17 May 1973)

Mr Bruce Millan: ...(3)(a) and (3)(b) of this section '. I suggest that it will be for the convenience of the House if we can also discuss the following amendments: No. 58, in page 46, line 30, at end insert: '(3A) A merger reference shall be made to the Commission by the Secretary of State in circumstances where subsections (1) to (3) of this section apply and the value of the assets taken over exceeds £20...

Opposition Day: The City and Industry (28 Jan 1987)

Mr Paul Channon: I shall draw my hon. Friend's remarks to the attention of the review body. I do not exclude any solution to the problem, and will bear his remarks in mind. I want to say a word about mergers. The Opposition have become fond of talking about merger mania. I assume that that means that they are, in general, against them. Indeed, the Labour finance and industry group's latest document — to...

New Clause 7: Past Mergers (16 May 1973)

Mr Bruce Millan: I beg to move, That the clause be read a Second time. The new clause would allow a reference to the Monopolies Commission of a merger that has already taken place, so that the commission could examine its results and compare them with the expectations and with the original claims made by the merging parties for the benefits that would accrue. This matter was discussed in Committee, when I...

Public Bill Committee: Enterprise and Regulatory Reform Bill: Examination of Witnesses (21 Jun 2012)

Anne Marie Morris: Sir John, I have two questions on mergers. First, were you surprised that small mergers were not excluded?  There was some debate about that, but ultimately the very small was not taken out of the regime. Secondly, with regard to the changes, clearly we retain the voluntary reporting of mergers, but there is a new power to unpick mergers which move forward, in a way which is not helpful....

Scottish Parliament: Mergers and Acquisitions (10 Jan 2013)

Gavin Brown: ..., I had two observations. The first was to ask whether John Mason is a man of extraordinary power and influence because, on 8 October 2012, he lodged the motion, which cast doubt on the potential merger between BAE Systems and EADS, and days later—on 10 October—the deal was aborted. Some say that Angela Merkel put the final nail in the coffin; some say that John Mason had the larger...

Digital Economy Bill [HL]: Committee (1st Day) (6 Jan 2010)

Lord Young of Norwood Green: ...by my noble friend Lord Gordon proposes that Ofcom should be given a whole new set of powers, responsibilities and duties, equivalent to all those that the Office of Fair Trading has in relation to merger control but applicable only in relation to mergers involving enterprises engaged in broadcasting. There has been some acknowledgement that this is not necessarily the perfect solution....

Written Answers — Culture Media and Sport: National Lottery (5 Jun 2006)

Richard Caborn: The cost to date of the administrative merger of the Community Fund and the New Opportunities Fund to create the Big Lottery Fund is £4.976 million. The administrative merger is now effectively complete, though some minor costs will be incurred in effecting the legal merger, if the National Lottery Bill is passed. Savings of £3.5 million a year on costs have already been achieved and...

Public Bill Committee: Health and Social Care Bill: Clause 65 (17 Mar 2011)

Simon Burns: I have been very kindly directed along the way—the details were in front of me. I shall now give a full explanation, and I shall do so quickly. The clause enables the merger control regime for enterprises in the UK to be applied to mergers of foundation trusts and mergers between foundation trusts and other businesses. As I continue my explanation, the answer to the right hon. Gentleman’s...


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