....What would a more level playing field look like? Polman is full of suggestions: voting rights that favour long-term investors; tax reforms that examine disparities between capital gains and income taxes; and better transparency regimes to reveal beneficial owners. He’s also not a fan of the UK’s shortened bid timetables – a reform that was actually introduced after Kraft’s takeover of Cadbury
in 2010 to help defending companies combat lengthy “bear hug” bids. ...
[Read full article on Guardian
Saturday 20th of May 2017 03:00:28 PM