Deals this month could see two of the UK’s most prominent companies fall into foreign ownership
Tue 28 May 2024 09.59 EDT
Shareholders in Royal Mail’s owner and in the mining company Anglo American are awaiting a final deadline on Wednesday for firm offers that could see two of the UK’s most prominent companies fall into foreign ownership.
Czech billionaire Daniel Křetínský has made an approach to International Distributions Services (IDS), which runs Royal Mail, while Australia’s BHP is trying to buy its rival Anglo American, a stalwart of London’s FTSE 100 index.
Under UK takeover laws, companies have a limited…
