U.K. Crackdown Forces Mystery Bidders to Reveal Themselves

U.K. Crackdown Forces Mystery Bidders to Reveal Themselves

Chris Ratcliffe/Bloomberg

The policies, part of a broader regulatory overhaul after Kraft Foods Inc.’s $20 billion purchase of the U.K.’s Cadbury Plc last year, aim to protect investors in target companies and reduce the advantages hostile bidders had under previous rules.