American companies are preparing to launch daring takeover bids for a host of Britain's biggest corporate names - including BAE Systems and AstraZeneca - thanks to the weakness of the pound against the dollar. Sterling has lost about a quarter of its value against the dollar in the last two-and-a-half years, and combined with the feeble recovery in the UK economy, British firms have become much cheaper for American suitors looking for a good deal. Following the controversial takeover of Cadbury...
Full Story: The Independent
