LONDON (Reuters) – Britain has to make certain that British firms are exempt to predatory takeover bids from foreign states, trade minister Liz Truss stated on Saturday.
“We need to make sure that, particularly in coronavirus when a lot of companies are undervalued, that we’re not allowing the sort of predatory bids from states that don’t necessarily have Britain’s best interests at heart,” Truss informed the Conservative Party’s yearly conference.
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United Kingdom, Liz Truss, Reuters, Conservative Party, British firms
World news – GB – We need to protect British firms from predatory overseas bids By Reuters