Britain's leading companies are less adventurous than their US and continental European counterparts when it comes to making foreign acquisitions - and they are becoming even shyer, ac-cording to research by KPMG, the accountancy group.
The study of acquisition trends from 2000 to 2005 shows that continental European companies are five times more active than those in the UK in the so-called Bric economies - the big and fast growing markets of Brazil, Russia, India and China. Continental European companies are also more open to acquiring companies in the "emerging markets" of east and central Europe.
