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

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)