I'm not begrudging them at all. Good luck to them and I'd prefer they were able to do this than have the 'state' interfering and running things.
I simply think if the 'state' is going to invest in companies like this via grants, aid or whatever, that the 'state' needs to adopt a new approach which secures some equity in the companies in which they invest - (as a silent non interfering partner).
At least then the sell offs happen the state gets a share.
If venture capitalists etc. won't invest in companies without equity etc., then why should the 'state'?.
Fair enough , no problem with any of that ( as long as it was non voting stock)
Well done and good luck to them - but do you think this is a good or a bad thing?
There are plenty of benefits stated in the link but all I see is another successful indigenous company hoovered up by another foreign/multinational which may well see employment maintained and possibly even grow here, but will also mean profits being repatriated elsewhere.
Does this country have a future if successful indigenous companies are constantly taken over by major multinationals?
I don't think it does and I'd like to see any state investment in any company given in return for equity so that at least when these sell offs happen the state benefits.
from a business point of view?
We've sold the foreigners another bag of magic beans. Can't they make their own soup in America?
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