Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
RESOLVED:
(1) To consider the information in the Part 2 report;
(2) To approve the acquisition of the group of companies and delegate the Service Director: Regulatory to vote accordingly on behalf of the Council.
(3) To delegate any action required to complete the acquisition to the Service Directors for Regulatory and Legal and Community on behalf of the Council as shareholder.
REASON FOR DECISIONS: To seek to enable the acquisition of the group of companies to proceed subject to the support of the other 7 shareholders.
Publication date: 22/12/2021
Date of decision: 21/12/2021
Decided at meeting: 21/12/2021 - Cabinet Sub-Committee (Local Authority Trading Companies' Shareholder)
Accompanying Documents: