- Location
- Limousin
As another UK company looks likely to be sold to dubious private foreign investors/asset strippers, should the government take action to stop it. Or will it suffer the same fate as as one of the UK's flagship defence companies Cobham, which has been asset stripped and moved to the USA within 18 months, despite government assurances that this wouldn't happen.
Who are the American investors making a move on Morrisons?
£6.3bn bid is led by Majestic Wine controller Fortress, with junior partner Koch Industries
www.theguardian.com
Rapid break-up of Cobham fuels debate over private equity in UK
Advent’s disposals shrink defence stalwart’s British footprint amid alarm over power of buyout groups
www.ft.com