The UK steps up its fight with China by preparing tough new laws to prevent 'hostile' takeovers of British firms
Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.The UK risks further escalating tensions with China by preparing tough new laws to prevent takeovers of British firms.
Johnson is pushing for new rules which make it compulsory for British firms to report attempted takeovers that could create risks to national security, The new takeover laws proposed by Johnson would require a UK business to declare when a company tries to buy more than 25% of their shares, or to acquire "significant" influence, to purchase assets, or intellectual property.
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