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Tuesday 09 January, 2001

Office of Fair Trade

Merger Update

Office of Fair Trading
9 January 2001


The Secretary of State for Trade and Industry has decided, on the information
at present before him, and in accordance with the recommendation of the
Director General of Fair Trading, not to refer the following merger to the
Competition Commission under the provisions of the Fair Trading Act 1973:

   Completed acquisition by Land Securities plc of Trillium Investments GP    

   Proposed acquisition by Pillar Property plc of Wates City of London        
   Properties plc.

   Proposed acquisition by Thomson-CSF plc of the fuzes business of Royal     
   Ordnance plc.


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