December 2019 | 531 comments (531 topical, 0 editorial, 0 hidden)

Britain gives U.S. investor go-ahead to buy Cobham for $5 billion

"In Cobham, we stand to lose yet another great British defense manufacturer to foreign ownership," said Nadine Cobham, whose late husband was a son of the company's founder.
"In one of its first major economic decisions, the government is not taking back control so much as handing it away," she said, adding that the announcement on the weekend before Christmas had been timed to avoid scrutiny.
[...]
Advent has already won approval from regulators in the European Union, United States and Finland for its acquisition of Cobham, which was backed by shareholders in September. The U.S. private equity group also bought British electronics company Laird for $1.65 billion last year.

The Atlantic from 1909

by Cat on Sat Dec 21st, 2019 at 09:29:49 PM EST
[ Parent ]

Re: PFEFFLE'S EXIT M&A (none / 1)

The first of many I'm sure. Right now US hedge fund are probably sharpening their knives for the NHS sell off next year.

We are so fucked.

keep to the Fen Causeway

by Helen (lareinagal at yahoo dot co dot uk) on Sun Dec 22nd, 2019 at 04:50:53 PM EST
[ Parent ]

nations of shopkeepers (none / 0)

boosted by religion and gov "policy"

archived
Government giveth, and government taketh away.

by Cat on Mon Dec 30th, 2019 at 06:56:25 AM EST
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Re: PFEFFLE'S EXIT M&A (none / 1)

Boris Johnson pledged in the election that the NHS was not for sale.

He has already broken that promise.https://t.co/ZKSPXqSwCh
— Jeremy Corbyn (@jeremycorbyn) December 29, 2019

Reorganisation of the NHS in England, 2010

For many healthcare professionals and managers working in the NHS, last week's publication of the white paper Equity and Excellence: Liberating the NHS brought unwelcome but familiar news--that the new government plans to reorganise the NHS in England.1 Despite having promised just two months ago in the coalition government's agreement to "stop the top-down reorganisations of the NHS that have got in the way of patient care,"2 the new secretary of state, Andrew Lansley, announced plans to abolish strategic health authorities and primary care trusts; to create about 500 new general practitioner consortiums to handle healthcare commissioning; to hand over public health responsibilities to local authorities; to strip the Department of Health of many of its functions and to create an independent NHS board to take them on; to force all NHS providers to become NHS foundation trusts; and to restructure arrangements for healthcare regulation. Little of the current architecture of the NHS will survive these changes unscathed. The white paper, written at breakneck speed in about six weeks, is long on rhetoric but short on detail and specifics. It promises at least seven further strategy or consultation papers on various topics and another white paper, on public health, in the autumn. ..,

Blair welcomes private firms into NHS, 2006

by Cat on Mon Dec 30th, 2019 at 07:17:14 AM EST
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Re: PFEFFLE'S EXIT M&A (none / 0)

Heterosexual couples form 1st civil partnerships in England
effective 31.12.2019: "The Supreme Court ruling means that civil partnerships, which have been available to same-sex couples since 2005, will be available to everyone."

reference
Steinfeld and Keidan, [2018] UKSC 32
US Library of Congress, unexpectedly, sort of, but not really

archived public property
How family law will change our lives
"degendered" ECJ "matrimony"
Isle of Man

by Cat on Tue Dec 31st, 2019 at 11:43:52 PM EST
[ Parent ]

December 2019 | 531 comments (531 topical, 0 editorial, 0 hidden)