PPRuNe Forums - View Single Post - US Equity firm trying to buy the UK Nuclear Submarine supplier
Old 20th Aug 2021, 09:01
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Easy Street
 
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Originally Posted by Asturias56
I'm not sure what sort of "legally binding agreement" the Govt wants - it has to have some serious penalties in it I guess - they clearly just accepted their word on Cobham......... and having got away with it there they're back for more
Come on, you know you're dodging my question. Which of Cobham's IP rights and/or development & manufacturing capabilities have left the UK as a result of its breakup? Were any of those meant to stay in the UK under the terms agreed with HMG? In the absence of any examples, your assertion that the buyers have "got away with" something is empty rhetoric.

As to the sort of deal HMG wants, they want one enforceable in court. One like Jack's, not Harry's. Wise Jack.
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