, Columnist
Jeremy Corbyn and Theresa May: Deal Breakers
Comcast's rhetoric shows how politics has changed the climate for M&A.
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What’s in it for Britain? That’s now the first question anyone buying a U.K. company needs to answer.
The polarization of Britain's public debate has meant taking over companies has become increasingly tricky for foreign bidders and hostile domestic buyers. The country may be one of the world's least protectionist markets in law, but buyers there need to make allowances.