BUSINESSFINANCIAL TIMES WORLD
Foreign bidders woo UK companies with ‘bear hug’ takeover offers
Foreign bidders are making unsolicited public takeover offers to London-listed UK companies, aiming to pressure their boards into accepting the deals. The surge in such 'bear hug' offers highlights increased foreign interest in UK businesses.
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Adjacent reporting
- Britain up for sale: US vultures in a takeover frenzy with smash-and-grab raid on UK plc an easy way for private investors to make money
- The bear hug is an increasingly sensible way to play UK M&A
- Value of UK takeover bids outstrips new London listings by 27 to 1
- British Takeovers Up 250% as Global Buyers Bypass Political Flux