Juding by the comments some on here probably dont realise this has not happened overnight.
The problem we have had in this country is that anyone who tries hard gets pilloried by the liberal and Marxist left. This means investments tend to be made by foreign powers rather than British ones.
There was nothing to stop a British one bidding, they didnt or were not willing to pay enough so a foreign private equity firm has done it.
Of course British private equity firms invest abroad, but I'm guessing thats ok with those on here condemning this?