Foreign Takeovers: Opportunity or Threat?
Wednesday, January 20th, 2010So Cadbury have finally agreed to be sold to Kraft and another British company falls into foreign hands. At least that is how many of the media are presenting the story. And of course, as facts go, it is true. Car manufacturers, utility companies, football teams, banks and now chocolate makers, the list goes on, all under new, non-British ownership. But is it as black a day for Britain and our economy as some commentators suggest? (more…)