Breakingviews | Debt-fuelled deals

Considered view

26 Jan 2010 09:37

Debt-fuelled deals

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After Kraft's takeover of Cadbury, nervous Brits are casting around for ways to stop other icons falling into foreign hands. Most of the ideas aren't good. But one proposal -- abolishing the tax-deductibility of interest -- has merit, albeit not for protectionist reasons.

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