asked the Minister for Industry and Commerce if he is aware of the efforts of a South African firm (name supplied) to acquire a Dublin-based clothing firm (name supplied); and what is the Government's policy in relation to Irish firms being acquired by South African firms.
Ceisteanna—Questions. Oral Answers. - Acquisition of Dublin Firm.
71.
I am aware that it has been publicly stated that a South African firm is negotiating to acquire a Dublin-based clothing firm. Neither firm requires my permission for this action; in this respect the position of South African firms is no different from that of other foreign firms.