P506 Teletext 506 Mar31 23:43:11
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MMC TO PROBE NORTHUMBRIAN BID
The proposed takeover of Northumbrian
Water by France's Lyonnaise des Eaux is
to be investigated by the Monopolies
and Mergers Commission.
Trade president Michael Heseltine
ordered the inquiry on the advice of
the Office of Faiu Trading.
Lyonnaise des Eaux, which already owns
North East Water and Essex and Suffolk
Water, announced the bid on March 6.
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