4th March 2011, 06:01 PM
I am not party to the deets, but I understand that the MoL bosses wants to off-load the archaeological unit because of the high risk (financial-wise) nature of its work. I don't know if this is decided yet or not, but setting up a subisidiary like this and then transferring staff and assets (after 6 month TUPE period) into the subsidiary is a common way of winding up a parent company.