Issue details

London-east UK Ltd - Proposed Asset Purchase

 

 

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.

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