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Dáil Éireann díospóireacht -
Thursday, 6 Nov 1997

Vol. 482 No. 5

Written Answers - Job Creation.

Bernard J. Durkan

Ceist:

82 Mr. Durkan asked the Tánaiste and Minister for Enterprise, Trade and Employment the number of jobs created or lost arising from mergers or take-overs in the past five years; and if she will make a statement on the matter. [18255/97]

The Mergers, Take-overs (Control) Acts, 1978 to 1996, apply to mergers or take-overs where two or more enterprises, at least one of which carries on business in the State come under common control and where either the gross assets or turn-over of each of two or more of the enterprises involved exceed £10 million and £20 million, respectively, or regardless of gross assets or turnover, where one of the enterprises is engaged in the printing or publication, or printing and publication, of one or more than one newspaper. Only parties to proposed mergers or take-overs which meet these criteria are obliged, under section 5 (1) of the 1978 Act, as amended, to notify the proposal to me in writing. The specific information requested is not available to me.

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