Monday, October 02, 2006

Anglian Water firm in £2.2bn bid

The owner of Anglian Water has agreed to a £2.2bn takeover from a consortium including private equity firm 3i.

Firstly, why are we allowing these size of businesses to just put themselves up for sale? It seems more and more companys are putting themselves up for sale, or because of antiquated sales and retail mentality, have been listed as 'broke' and leaving themselves open to takeover by someone with the resources to 'turn it araound' and make a profitable business.

This invariably involves nothing more than resource analysis, at every level of business and process, and I'm sure I could come up with numerous ways to increase profits.

But aside from that, the majority of our 'established' names, such as Anglian Water and MFI, are being purchased by conglomorates of foreign business and companies, as is the case with Anglian Water.

Yet another 'sly' insertion of foreign investment, and therefore control, into the spine of the British Economy. When they have enough 'claws' in there, they'll rip apart the British Retail trade, and we'll all become slaves to the American trade rules and lose even more control of our infrastructure!

Don't you just love 'free trade' eh?

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