Quote:
Originally Posted by denphone
Its not a significant shift Andrew as for many decades it has been happening as my point is would the countries mentioned in a previous post by me let it happen to their major companies and the answer is no.
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It's significant in terms of the size of the companies and time period.
China is definitely pretty closed but it's an emerging country so you would expect it to be more closed than the UK.
France is becoming more liberal and the country recently agreed for Alstom to be acquired by GE and Siemens. Lots of famous companies in France are foreign-owned including Renault Trucks (Volvo Trucks of Sweden), Waterman Pens (Newell of USA) and Ciroc Vodka (Diageo of the UK).
Germany has been fairly liberal but after the Chinese started to acquire companies, it has tightened up on non-EU acquirers.
https://www.dentons.com/en/insights/...outside-the-eu