Lord Razzall
Main Page: Lord Razzall (Liberal Democrat - Life peer)Finance: Hostile Takeover Bids
Lord Razzall Excerpts
Lord Razzall
My Lords, bearing in mind the success of acquisitions by UK companies of several overseas companies in several jurisdictions—and following the point made by the noble Lord, Lord Borrie—in formulating government policy on this issue, will the Government confirm that they will look at the risk of reciprocal actions by other countries were we to restrict takeovers in the UK?
Baroness Wilcox
I thank my noble friend. Yes, the Secretary of State is, as I have said, now looking at the Takeover Code, corporate Britain and how it looks to the long-term focus for this country. I am absolutely sure that he will consider that at all times.