Thanks for the fuller picture, its not unusual for investment companies/venture capitalists to buy up a company with loans which it then straddles the company with, to pay off. Best bit of parent company guarantees and internal credit lines and such like is they can be withdrawn at very little notice, if not already called upon. But the article was correct in that it was a sale and leaseback of not just the land but the buildings. Its been my experience and I presume in this case the UK Government grants will have some form of conditionality attached to them , usually over a certain number of years time frame eg 10 or 20 years and usually once satisfied, leave the company owners unencumbered to do what they will.


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