Details on BII's sale of Kelix Bio
Dear British International Investment PLC,
I hope this letter finds you well. I am writing to you to request specific information, documents, and records under the provisions of the Freedom of Information Act (FOIA) regarding a recent transaction involving British International Investment (BII).
Specifically, I am interested in obtaining the following information, documents, and records related to BII's investment in Kelix Bio, and the subsequent sale of BII's stake to Mubadala Investment Company (MIC):
1. The percentage stake held by BII in Kelix Bio prior to the sale to MIC.
2. The total amount for which Kelix Bio was sold for to MIC.
3. The amount BII will receive for the sale of its stake in Kelix Bio.
4. Any agreements and contracts, outlining the details of the transaction between BII and MIC regarding the sale of BII's stake in Kelix Bio.
5. Any documents, reports, or analyses related to the valuation of Kelix Bio used in the sale transaction between BII and MIC, including but not limited to, valuation reports, financial statements, projections, or any other documents outlining the methodology or rationale behind the valuation of Kelix Bio.
6. Any information regarding finder's fees or commissions that were paid to intermediaries or mediators involved in facilitating the transaction between BII and MIC, including details of the amounts paid and the nature of the services provided.
Please ensure that all of the monetary values in the data are clearly labeled with a currency, preferably USD.
Please provide your response in PDF format.
I would appreciate it if you could acknowledge the receipt of this request and provide an estimated timeline for when I can expect to receive a response. Thank you for your attention to this matter, and I look forward to your prompt response.
Yours faithfully,
Thomas Edwards
Thank you for contacting British International Investment’s (BII)
Compliance Team.
This is to confirm that we have received your correspondence.
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Dear Thomas,
Thank you for your request for information received on 26 March 2024.
Your request is being dealt with under the provisions of the Freedom of
Information Act 2000 and will be answered within 20 working days.
If you have any queries about this request, please do not hesitate to
contact us quoting reference number FOI 2024/043.
Yours sincerely
Compliance
British International Investment plc
[1]www.bii.co.uk
[2]X - British International [3]LinkedIn - British International
Investment Investment
[4]Investing For Impact
From: Thomas Edwards <[FOI #1107328 email]>
Sent: Tuesday, March 26, 2024 4:56 AM
To: FOIA <[BII request email]>
Subject: Freedom of Information request - Details on BII's sale of Kelix
Bio
External Email [5][FOI #1107328 email]
Dear British International Investment PLC,
I hope this letter finds you well. I am writing to you to request specific
information, documents, and records under the provisions of the Freedom of
Information Act (FOIA) regarding a recent transaction involving British
International Investment (BII).
Specifically, I am interested in obtaining the following information,
documents, and records related to BII's investment in Kelix Bio, and the
subsequent sale of BII's stake to Mubadala Investment Company (MIC):
1. The percentage stake held by BII in Kelix Bio prior to the sale to MIC.
2. The total amount for which Kelix Bio was sold for to MIC.
3. The amount BII will receive for the sale of its stake in Kelix Bio.
4. Any agreements and contracts, outlining the details of the transaction
between BII and MIC regarding the sale of BII's stake in Kelix Bio.
5. Any documents, reports, or analyses related to the valuation of Kelix
Bio used in the sale transaction between BII and MIC, including but not
limited to, valuation reports, financial statements, projections, or any
other documents outlining the methodology or rationale behind the
valuation of Kelix Bio.
6. Any information regarding finder's fees or commissions that were paid
to intermediaries or mediators involved in facilitating the transaction
between BII and MIC, including details of the amounts paid and the nature
of the services provided.
Please ensure that all of the monetary values in the data are clearly
labeled with a currency, preferably USD.
Please provide your response in PDF format.
I would appreciate it if you could acknowledge the receipt of this request
and provide an estimated timeline for when I can expect to receive a
response. Thank you for your attention to this matter, and I look forward
to your prompt response.
Yours faithfully,
Thomas Edwards
-------------------------------------------------------------------
Please use this email address for all replies to this request:
[6][FOI #1107328 email]
Is [7][BII request email] the wrong address for Freedom of Information
requests to British International Investment PLC? If so, please contact us
using this form:
[8]https://www.whatdotheyknow.com/change_re...
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Dear British International Investment PLC,
I am writing to follow up on my Freedom of Information request dated 26 March 2024, regarding the sale of British International Investment's stake in Kelix Bio, as acknowledged in your response with reference number FOI 2024/043.
As it has been nearly 20 working days since the submission of my request, I wanted to inquire about the status of my FOI application and whether there have been any updates regarding the processing of the requested information.
Thank you for your assistance.
Yours faithfully,
Thomas Edwards
Dear Thomas,
Thank you for your email.
I can confirm that your Freedom of Information Act request has been
received and is being processed.
We aim to respond by 24 April 2020 within the 20 working day time frame.
Thank you,
Compliance
British International Investment plc
[1]www.bii.co.uk
[2]X - British International [3]LinkedIn - British International
Investment Investment
[4]Investing For Impact
From: Thomas Edwards <[FOI #1107328 email]>
Sent: Wednesday, April 17, 2024 3:38 PM
To: FOIA <[BII request email]>
Subject: RE: Freedom of Information request - Details on BII's sale of
Kelix Bio
External Email [5][FOI #1107328 email]
Dear British International Investment PLC,
I am writing to follow up on my Freedom of Information request dated 26
March 2024, regarding the sale of British International Investment's stake
in Kelix Bio, as acknowledged in your response with reference number FOI
2024/043.
As it has been nearly 20 working days since the submission of my request,
I wanted to inquire about the status of my FOI application and whether
there have been any updates regarding the processing of the requested
information.
Thank you for your assistance.
Yours faithfully,
Thomas Edwards
Dear Thomas,
Please find attached our response to your request for information.
Yours sincerely
Compliance
British International Investment plc
[1]www.bii.co.uk
[2]X - British International [3]LinkedIn - British International
Investment Investment
[4]Investing For Impact
From: Thomas Edwards <[FOI #1107328 email]>
Sent: Tuesday, March 26, 2024 4:56 AM
To: FOIA <[BII request email]>
Subject: Freedom of Information request - Details on BII's sale of Kelix
Bio
External Email [5][FOI #1107328 email]
Dear British International Investment PLC,
I hope this letter finds you well. I am writing to you to request specific
information, documents, and records under the provisions of the Freedom of
Information Act (FOIA) regarding a recent transaction involving British
International Investment (BII).
Specifically, I am interested in obtaining the following information,
documents, and records related to BII's investment in Kelix Bio, and the
subsequent sale of BII's stake to Mubadala Investment Company (MIC):
1. The percentage stake held by BII in Kelix Bio prior to the sale to MIC.
2. The total amount for which Kelix Bio was sold for to MIC.
3. The amount BII will receive for the sale of its stake in Kelix Bio.
4. Any agreements and contracts, outlining the details of the transaction
between BII and MIC regarding the sale of BII's stake in Kelix Bio.
5. Any documents, reports, or analyses related to the valuation of Kelix
Bio used in the sale transaction between BII and MIC, including but not
limited to, valuation reports, financial statements, projections, or any
other documents outlining the methodology or rationale behind the
valuation of Kelix Bio.
6. Any information regarding finder's fees or commissions that were paid
to intermediaries or mediators involved in facilitating the transaction
between BII and MIC, including details of the amounts paid and the nature
of the services provided.
Please ensure that all of the monetary values in the data are clearly
labeled with a currency, preferably USD.
Please provide your response in PDF format.
I would appreciate it if you could acknowledge the receipt of this request
and provide an estimated timeline for when I can expect to receive a
response. Thank you for your attention to this matter, and I look forward
to your prompt response.
Yours faithfully,
Thomas Edwards
-------------------------------------------------------------------
Please use this email address for all replies to this request:
[6][FOI #1107328 email]
Is [7][BII request email] the wrong address for Freedom of Information
requests to British International Investment PLC? If so, please contact us
using this form:
[8]https://www.whatdotheyknow.com/change_re...
Disclaimer: This message and any reply that you make will be published on
the internet. Our privacy and copyright policies:
[9]https://www.whatdotheyknow.com/help/offi...
For more detailed guidance on safely disclosing information, read the
latest advice from the ICO:
[10]https://www.whatdotheyknow.com/help/ico-...
[11]https://www.whatdotheyknow.com/help/ico-...
Please note that in some cases publication of requests and responses will
be delayed.
If you find this service useful as an FOI officer, please ask your web
manager to link to us from your organisation's FOI page.
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