Mandelson Launches Acquisition Protectionism Debate

It is does not take much imagination to figure this one out: UK Business Secretary Peter Mandelson's call to review UK takeover law is clearly a political ploy in the run up to the May elections. Given the widespread discontent over the closure of Cadbury's Somerset factory, which followed the company's takeover by Kraft, this is a political platform which will resonate with the British public. Regardless of their political objective, CFW examines the merits of Mandelson's proposals from a corporate and macroeconomic standpoint.

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