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Proceeding contribution from Nigel Evans (Conservative) in the House of Commons on Friday, 7 March 2008. It occurred during Debate on bill on Private Equity (Transfer of Undertakings and Protection of Employment) Bill.


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.


Secondary information

Type
Proceeding contribution
Reference
472 c2057;472 c2055 
Session
2007-08
Chamber / Committee
House of Commons chamber
Subjects
Conditions of employment Companies Dismissal Mergers Takeovers Private equity
Legislation
Private Equity (Transfer of Undertakings and Protection of Employment) Bill 2007-08
Link
View this Proceeding contribution on www.publications.parliament.uk