We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

The phantom menace

4 December 2007 By John Foley

When it s a preconditional proposal, of course. Under UK rules, wouldbe bidders can virtually go hostile without even making an offer. And potential bids for targets such as Rio Tinto and S&N can drag on indefinitely. Dawdling, though, could prove a foolish tactic.

This content is for Subscribers only


Email a friend

Please complete the form below.

Required fields *


(Separate multiple email addresses with commas)