This essay is focused on examining the impact that the divergence of M&A policies between member states have on the bidding process and outcome of takeovers of firms in the UK, with particular reference to successful bids by Spanish corporations.
The objective of mergers and acquisitions (M&A’s) is
essentially to aid the growth of a corporation, improve its
market share, competitive position and add value to the
performance of the firm (Hitt et al 2001; Weber 2012).
However, they can also bring additional benefits to domestic
“industry sectors, and potentially even national
economies” (Hitt et al 2001: 147). Consequently, it can be
argued that providing a favourable environment that allows
domestic corporations to compete successfully in acquiring
foreign firms can have a positive influence on domestic