Mergers

Business, Innovation and Skills written question – answered on 14th January 2010.

Alert me about debates like this

Photo of Anne McIntosh Anne McIntosh Shadow Minister (Environment, Food and Rural Affairs)

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.

Photo of Angela Smith Angela Smith Minister of State (Third Sector), Cabinet Office, Minister of State (Cabinet Office) (Third Sector)

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

Does this answer the above question?

Yes0 people think so

No0 people think not

Would you like to ask a question like this yourself? Use our Freedom of Information site.