The fact that (almost) any company can be plucked off the UK market by any bidder is to be welcomed! We wouldn’t want to be France, which once infamously declared yoghurt to be of strategic national importance to frustrate a takeover of Danone by Pepsi under the then EU rules, now would we?
Except that maybe the French had – has – a point. This was rather underlined when Kraft Foods, now Mondelez, gobbled up Cadbury and promptly broke commitments it made in the runup to the takeover. It also gutted the head office. And there’s another problem: don’t UK investors lose out when quality companies come off the board by dint of the pound finding itself in a slough of despondency?
During a previous incidence – sterling has had several spells of weakness, a symptom of the succession of dismal governments Britain has endured – I raised the issue with an economist I know. They insisted that we do benefit from “open markets” and they produced figures showing that the number of new companies coming to market via flotations eclipsed the number being lost. So, no problem.
この記事は The Independent の October 03, 2022 版に掲載されています。
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この記事は The Independent の October 03, 2022 版に掲載されています。
7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。
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