OpenLegislation

Explanatory note

Original text. Later amendments are not shown.

(This note is not part of the Order)

This Order prohibits Gillette UK Limited and LustrasilkInternational UK Limited from doing things which might impede theoperation of an Order which the Secretary of State has underconsideration for remedying or preventing the adverse effectsspecifiedin the Monopolies and Mergers Commission report on Razors andRazor Blades(Cm. 1472, obtainable from Her Majesty’s Stationery Office).

Gillette UK Limited is prohibited from disposing, or agreeing todispose, of any equity interest which it has in Swedish Match NV or anyagreement relating to the equity of Swedish Match.

Lustrasilk International UK Limited is prohibited from disposing, oragreeing to dispose, of any interest which has in the indebtedness ofSwedish Match, and from forgiving or accepting repayment of any debtowed to it by Swedish Match.