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Old 02-09-2018, 16:12   #28
Stephen
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Re: Coca-Cola to buy Costa Coffee for £3.9bn

Quote:
Originally Posted by 1andrew1 View Post
My original post could have been better.
British companies have been acquired in the past by overseas companies (and vice versa) but to see two large companies acquired in this time frame (Costa £3.9bn, Arm Holdings £24.3bn) is a significant shift.
Mr K has covered how a weak £ makes UK companies more attractive takeover targets.
Cadbury was bought a few years back and that had nothing to do with Brexit or a week £.

Costa would have been bought no matter what. Whitbread had been looking to either spin off as a separate entity or sell it for a while now to focus on Premier Inn.

Also the Chinese have been buying international companies for years.
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Last edited by Stephen; 02-09-2018 at 16:16.
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