Eurocanadian Shipholdings Ltd

1. Title of report: Eurocanadian Shipholdings Ltd and Furness, Withy & Company Ltd and Manchester Liners Ltd (MMC - Cm 639)

2. Date of report: 6 July 1976 Published: 14 October 1976

3. Orders: N/A

4. Date of original undertakings: Parliamentary statement: 17 February 1977

5. Companies giving undertakings: Eurocanadian Shipholdings Ltd

6. Details of undertakings: Divestment undertaking

Undertakings not to acquire

(i) To refrain from increasing its present holdings in Furness Withy and Company.

(ii) To refrain from increasing its present holdings in Manchester Liners.

(iii) Not to exercise more than 10 per cent of the voting rights in Furness Withy and Company.

(iv) Within three years, to reduce its holdings in ordinary shares in Furness Withy and Company Ltd to not more than 10 per cent of the issued ordinary share capital.

7. Date of amendments: N/A

8. SIC code: 61.10/2 (Freight sea transport)

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