Page last updated at 16:09 GMT, Thursday, 10 January 2013

Members' business: Mergers and acquisitions

SNP MSP John Mason led a member's debate on mergers and acquisitions on 10 January 2013.

Mr Mason said the wider aim of his motion was "to look at mergers and acquisitions policy as a whole" and to "see if we are best served by the present policy we have".

The original focus of his motion was the on the possible merger or takeover between BAE Systems in Glasgow and Airbus aircraft manufacturer European Aeronautic, Defence and Space (EADS) however Mr Mason said "it probably is a good thing that that is no longer to be happening".

Mr Mason added "It was an interesting case with the UK government having a veto and the German government strongly opposed to the merger"

Enterprise Minister Fergus Ewing said that the issue of mergers and acquisitions was a reserved issue and had not been frequently debated in the Scottish Parliament, if at all.

Mr Ewing said "I think it correct to say that mergers and acquisitions can, and very often do enable the injection of significant amounts of capital in to businesses".

The enterprise minister said he would "move heaven and earth to attract major investment to Scotland".

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