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Another bitter takeover battle involving two of Britain’s electronics giants is looming in the city. GEC is making another attempt to buy up Plessey, just two years after it was blocked by the Monopoly...
Trade and Industry Secretary, Lord Young (David Young) confirms that the joint takeover bid by GEC and Siemens for the Plessey company, which supplies electronics to the Ministry of Defence, will be referred...
John Fraser interviews European Commissioner Sir Leon Brittan, who has ordered an inquiry under common market law into the proposed takeover of Plessey by GEC and Siemens. The commissioner argues that the...
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