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The Nexus
BUSINESSAug 2 · 04:00 UTCFINANCIAL 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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Foreign bidders woo UK companies with ‘bear hug’ takeover offers · The Nexus