Umunna – Unilever takeover bid shows the pound’s Brexit plunge is putting British companies in danger of losing control

Commenting on Kraft-Heinz’s attempted takeover of Unilever, Chuka Umunna MP, leading supporter of Open Britain, said: 

“The pound’s post-Brexit plunge has left British companies much more vulnerable to foreign takeovers.

“It is the opposite of the Leave battle cry. Sterling’s slump has left us in greater danger of losing control of some of Britain’s best and biggest companies to distant multinational ownership.”