Brexit has made weakened UK companies affordable and appetizing to aggressive, deep pockets with questionable ethics, values and commitments to employees.
Lemann of 3G and much famed Warren Buffet are two such opportunities who thought that thanks to Brexit, the value of Unilever has comedown and its right to salivate to devour Unilever. It also helped that Brexit proved that British people are weak in brain an heart and lack iota of judgment.
But there is hope. In no time, Lemann, Buffet and their cronies who were salivating thinking of Unilever pie, were made to eat rather a humble pie. Theresa May atleast proved that 2010 Cadbury deal should never have happened comment she made, she meant it.
Shareholder value is important but that is not the sole purpose of business. Sadly Lemann and Buffet never understood it and would never would. However, the taste in there mouth will stay for a long time and hope it might teach them few lessons.
But they would go after other companies. These companies would do well to cut their fat, become lean, get the business cases right and strive to deliver top and bottom line growth which will make them unattractive to predators like 3G etc.
Growing a business organically take spine and mettle and business is not all about short-termism and opportunism.
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