Channel Four, Friday 31 March 1995

Page 506 TimeCode 0000


Recovered By
Neil Miles
Last Edited By
P
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   P506    Teletext   506 Mar31 23:43:11
 
 
 
 
 ----------------------------- 
 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.   
 ---------------------------------------
 Financial headlines 500  City index 501
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