June 9, 2026
City sounds alarm on £40bn foreign M&A offensive targeting ‘cheap’ UK firms

A group of City grandees has sounded the alarm on the wave of foreign firms picking off rivals from London’s stock market, after a flurry of unsolicited offers took the combined value of UK companies poised to leave Britain’s ailing bourse to £43bn. Some 22 listed companies have already accepted or received bids that would …
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