Wednesday, February 22, 2017

UK to draw up response to foreign takeovers of firms in key sectors

Business secretary’s announcement comes after bid for Unilever and amid continued concerns for jobs at carmaker Vauxhall

The business secretary, Greg Clark, is to outline plans on how the government should respond to foreign takeovers of UK firms in crucial sectors such as nuclear power.

Clark told an audience at EEF’s annual manufacturing conference in London that proposals would be set out in coming weeks.

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from Mergers and acquisitions | The Guardian http://ift.tt/2loyJta

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