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Shareholder backlash pushes up low-ball London takeover bids
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Shareholder backlash pushes up low-ball London takeover bids
Top shareholders of London-listed firms are pushing back on takeover bids this year amid concerns buyers are capitalising on low valuations to pick up companies on the cheap. Foreign buyers have targeted companies across the London Stock Exchange this year including FTSE 100 firms Schroders, Intertek and Beazley. Retail investment firm AJ Bell said it [...]
11 Aug, 04:00
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