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Friday 15 December, 2000

Office of Fair Trade

Merger Update

Office of Fair Trading
15 December 2000


 'INVITATION TO COMMENT'  
 
PROPOSED ACQUISITION BY PILLAR PROPERTY PLC OF WATES CITY OF LONDON PROPERTIES
PLC


The Director General of Fair Trading is considering whether the above  
acquisition qualifies for investigation under the merger provisions of the
Fair Trading Act 1973.  Should it be found to qualify, the Director General
will consider it further with a view to advising the Secretary of State for
Trade and Industry under section 76(1) of  the Act as to whether or not the
merger should be referred to the Competition Commission for investigation and
report. 

Please send written representations about any competition or public interest
implications, by 3 January 2001, to:

     Ms Jillian Anderson
     Mergers Branch
     Fourth Floor, Room 4C
     Office of Fair Trading
     Fleetbank House
     2 - 6 Salisbury Square
     London EC4Y  8JX    

     FAX: 0207-211-8916



                                                  

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