Sweet M&A

The Takeover Panel thinks it's become too easy for corporate predators to gobble up tempting targets. Hannah Langworth asks what should be done

The acquisition of a beloved British confectioner in February this year by what a member of the Cadbury family termed a "plastic cheese company" caused widespread public dismay in the UK. Kraft's conquest was seen as clear evidence that the regulation of the UK's M&A regime, one of the most liberal in the world, had become unacceptably biased towards buyers. The

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