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Dáil Éireann debate -
Tuesday, 15 Apr 1986

Vol. 365 No. 4

Written Answers. - Proposed Company Merger.

50.

asked the Minister for Industry and Commerce if he is satisfied that the proposed merger between The Imperial Chemical Company and NET is in the best interests of the Irish fertiliser industry; and if he will make a statement on the matter.

In the discussions which are taking place regarding the possibility of joint co-operation between Nitrigen Éireann Teoranta and Imperial Chemical Industries, the interests of all parties, including those of the Irish fertiliser industry, are being kept fully in mind. As the discussions are proceeding on a confidential basis and are now at an advanced stage, it would be inappropriate for me to comment in any way on their detail at this point. The approval of the Government to any arrangement which may be negotiated will, of course, be required in due course.

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