MzMidniteRider333 ...
@MzMidniteRider333
06 June, 05:13
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#Bush #Blair #QinetiQ #Wuhan #PirbrightInstitute #Rothschilds #InItTogether
The privatisation of QinetiQ 2007-2008
The sale to #Carlyle was conducted in 2002, when market conditions were poor and before the future of QinetiQ’s most significant long term contract, accounting for about a third of QinetiQ’s revenue, had been agreed. The Treasury had agreed to credit the Department’s budget with £250 million if the sale was completed before 31 March 2003. The Treasury should avoid creating incentives to press ahead with privatisations when conditions are unlikely to maximise longer-term value to the taxpayer.
https://publications.parli...
The privatisation of QinetiQ 2007-2008
The sale to #Carlyle was conducted in 2002, when market conditions were poor and before the future of QinetiQ’s most significant long term contract, accounting for about a third of QinetiQ’s revenue, had been agreed. The Treasury had agreed to credit the Department’s budget with £250 million if the sale was completed before 31 March 2003. The Treasury should avoid creating incentives to press ahead with privatisations when conditions are unlikely to maximise longer-term value to the taxpayer.
https://publications.parli...
08:36 AM - Jun 07, 2021
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