Stat of the day: 65%

The percentage of British firms sold in the last three months of 2010 that were bought by foreign companies.

by Elizabeth Anderson
Last Updated: 09 Oct 2013
British firms are proving a popular choice of investment for overseas companies, according to research. In the three months to December 2010, some 65% of UK companies sold went to overseas buyers, a survey by City law firm Wedlake Bell says.

It suggests foreign companies' appetites for UK acquisitions are increasing, despite talk of the government reviewing takeover policy. For the whole of 2010, 54% of the 113 bids for British companies came from overseas buyers - compared to 40% in 2009.

The US continues to lead investment, although emerging economies are also expressing an interest in British companies. The love affair with British companies shows no sign of dying down yet.

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