The Cabinet will be asked to give in principle approval to the acquisition of London-east UK Limited’s land and business interests at the former Sanofi site, subject to all appropriate due diligence and viability / value for money assessments, and delegate authority to the Chief Operating Officer, acting on advice from the Investment Panel and in consultation with other officers and relevant Cabinet Members, to determine the preferred method of purchase and final terms.
Decision type: Key
Decision status: Approved
Wards affected: Eastbrook;
Notice of proposed decision first published: 25/10/2018
Anticipated restriction: Part exempt - View reasons
Explanation of anticipated restriction:
The report and/or appendices may contain commercially confidential information
Issue Category: Financial;
Decision due: 13 Nov 2018 by Cabinet
Lead member: Finance, Growth & Core Services Portfolio
Lead director: Chief Operating Officer
Department: Finance & Investment
Contact: Hilary Morris, Commercial Director Email: hilary.morris@lbbd.gov.uk Tel: 020 8227 3017.