DislikedCos I'm Fundy Green... what is M&A
Sheesh I feel like an idiot... but i gotta ask
Thanks for the info though... I am London based and I did look at the Cadbury deal with some interest.... but obviously not relating it to FX..... doh!Ignored
When company A (from a foreign country) wants to buy shares of company B (say in the UK), it will need to convert its currency to GBP, ie buy Pound with whatever other currency, hence the Pound will go up in the short term (simple matter of supply and demand)