Security

Britain Increases Scrutiny of Foreign Takeovers – The Wall Street Journal


LONDON—Britain is putting foreign takeovers of its businesses under greater scrutiny, complicating a popular route to overseas expansion for American companies as they spend record amounts on U.K. acquisitions.

The U.K. has for decades prided itself as a global champion of open markets but is now emerging as a test case for how the pandemic has reshaped thinking on the need for domestic capabilities in key areas like computer chips and pharmaceuticals.



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