Difference between revisions of "Invesco Perpetual"

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Arbib sold the company in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million.
 
Arbib sold the company in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million.
  
==Former employees==
+
==Nuclear investments==
 +
In 2008 [[British Energy]]'s biggest investor, Invesco Perpetual called for the nuclear power generator to merge with British Gas owner [[Centrica]].<ref><i>BBC News</i> [http://news.bbc.co.uk/1/hi/business/7579762.stm. ' BE backer 'proposes Centrica tie'] 24th August 2008. Accessed 26 August 2008</ref> The proposal was confirmed in a <i>Times</i> article which also reported how the British 'Government wants the use the sale of British Energy ... as an opportunity to kickstart the construction of a new generation of nuclear power stations'.<ref>Pagnamenta, R. & Kennedy, S. (2008) 'Centrica issues British Energy statement'. 8 August 2008. Accessed 26 August 2008</ref>
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==People==
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===Former employees===
 
*[[Andrea Leadsom]], who went on to become a Conservative MP in 2010, economic secretary in 2014, then energy minister in 2015
 
*[[Andrea Leadsom]], who went on to become a Conservative MP in 2010, economic secretary in 2014, then energy minister in 2015
  

Revision as of 01:55, 4 November 2015

The fund management company Invesco Perpetual was founded by Sir Martyn Arbib, one of the UK's wealthiest financiers and a major donor to the Conservative Party.

Arbib sold the company in 2001 for more than £1 billion, receiving £113 million in cash and shares worth an estimated £300 million.

Nuclear investments

In 2008 British Energy's biggest investor, Invesco Perpetual called for the nuclear power generator to merge with British Gas owner Centrica.[1] The proposal was confirmed in a Times article which also reported how the British 'Government wants the use the sale of British Energy ... as an opportunity to kickstart the construction of a new generation of nuclear power stations'.[2]

People

Former employees

  • Andrea Leadsom, who went on to become a Conservative MP in 2010, economic secretary in 2014, then energy minister in 2015


Resources

Notes

  1. BBC News ' BE backer 'proposes Centrica tie' 24th August 2008. Accessed 26 August 2008
  2. Pagnamenta, R. & Kennedy, S. (2008) 'Centrica issues British Energy statement'. 8 August 2008. Accessed 26 August 2008