Who will be next to fall to a fallen prey?
Now that the Cadbury saga has ended, investors are looking around to see which sectors and which companies could well come under attack from foreign predators. The fact that sterling is so weak in the currency exchange markets has given foreign investors more firepower which could prompt a whole host of offers and aggressive bids for UK household names.
While many believe that the UK banking sector will at some point fall under the spotlight of foreign investors and foreign predators, there is a feeling that it may well be too soon at this point in time. With the utility sector already dominated by overseas counterparts and effectively at the beck and call of overseas giants, we can rule out any more offers in this particular area. So who will be next?
Even though some sectors have suffered during the recession, more than others, we may well see overseas investors attempting to cherry pick the best names in the UK rather than targeting specific sectors. On this basis any company in the UK which has underperformed, or disappointed in any way, is likely to be under pressure to improve short-term performance to prevent possible unwanted attention from overseas predators.
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