U.K. May Tighten Takeover Laws to Curb Foreign Influence

The U.K. government is preparing to introduce legislation that would force British companies to report attempted takeovers that could give rise to security risks, The reporter said. Company directors that fail to observe the rules could face fines, disqualification, or jail, the newspaper said, without saying where it obtained the information. Prime Minister Boris Johnson also wants academic partnerships and research projects to be included under the rules, reflecting his concern that the country’s cash-strapped…

"U.K. May Tighten Takeover Laws to Curb Foreign Influence"