UK Parliament / Open data

Private Equity (Transfer of Undertakings and Protection of Employment) Bill

As I understand it, one of the sovereign wealth funds that we have heard about today might well invest in a particular company, perhaps to the extent that it takes a controlling interest, but have no say in its running. It will have invested the money in the first place because it was content with the way in which the company was being run. Therefore, we would be introducing a new obligation on behalf of that company that might deter it from investing in the first place. I would like to know the answers to such questions before I support the Bill.

About this proceeding contribution

Reference

472 c2057;472 c2055 

Session

2007-08

Chamber / Committee

House of Commons chamber
Back to top