Tax inversions explained
In another multibillion-dollar deal, a US company has acquired a smaller European company in order to reduce its tax base. The so-called tax inversion deal has become one of the most prominent types of transaction in the recent M&A boom. The FT's Sujeet Indap is joined by M&A correspondent James Fontanella-Khan and policy correspondent Barney Jopson to discuss the growing US M&A trend, some of the biggest inversion deals and the potential for a policy crackdown under a new administration in 2017. Music by Red Thread.
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