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Cadbury’s takeover could lead to law change

3rd March 2010

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David Bailey of Coventry University

David Bailey of Coventry University

THE CONTROVERSIAL takeover of Cadbury might lead to a change in the law and this should be welcomed, says a leading regional economist.Professor David Bailey from Coventry University’s Business School has welcomed a recent speech made by Lord Mandelson, where he said that the rules on company takeovers should be toughened up.Mandelson said the number of shareholders needed to pass a decision to sell should be raised to two-thirds instead of a basic majority. He also called for greater transparency from bidders on how they pl......for the full story register now for free or login below...


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