Your English writing platform
Discover LudwigSuggestions(1)
Exact(6)
Although Citi has said it is not seeking any more "transformative" mergers, it is known to be interested in foreign acquisitions.
Japanese firms have been able to make $71 billion in foreign acquisitions so far in 2008, which is on track to be a record year.
Similarly, the total value of foreign takeovers of Canadian firms was around twice that of foreign purchases by Canadians.The boom in foreign acquisitions seems to be waning, thanks to the credit crunch and the strength of the Canadian dollar.
According to figures for 35 mainly rich countries compiled by the UN Conference on Trade and Development, most of the fall can be attributed to a decline in foreign acquisitions, which contracted by 34%, compared with a 15% fall in the number of greenfield FDI projects.
Concerns over potential national security dangers in foreign acquisitions of U.S. assets have been somewhat loosely embodied in law for some decades, and last year's Dubai Ports World fiasco dramatized the need for better communication between the White House and Congress.
As its legislative history suggests, the law reflects the resurgence of protectionist sentiments in China following the increase in foreign acquisitions of Chinese corporations.
Similar(50)
An obvious concern is that Britain's other global firms will, like Rolls-Royce, spend much of their savings abroad, leaving little to spend at home.In fact, foreign acquisitions can be both right for the firm in question and a sign of better things for the domestic economy.
India responded to the recent fall in the rupee by resurrecting a grab-bag of controls, including a cut in the amount of money residents can take out of the country without special approval from $200,000 to $75,000 a year; a reduction in the foreign acquisitions a domestic company can make, from 400% to 100% of its net worth; and higher import taxes on gold, silver and flat-panel televisions.
As a result, there is likely to be less risk of rejection from consumers in the event of foreign acquisitions.* Brazil, Mexico and Argentina are the most attractive markets in the region.
In 2008, Coca-Cola bid about $2.4 billion for the China Huiyuan Juice Group, a beverage company based in Beijing, in what would have been one of the biggest foreign acquisitions ever in that country.
Hidden-debt problems have plagued other foreign acquisitions in South Korea.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com