UK's Aberdeen to oppose $9.2 billion InPost takeover, Bloomberg reports
Reuters
Feb 16
UK's Aberdeen to oppose $9.2 billion InPost takeover, Bloomberg reports
Feb 16 (Reuters) - British money manager Aberdeen ABDN.L has decided to vote against the proposed 7.8 billion euro ($9.25 billion) takeover of InPost INPST.AS by a consortium led by FedEx FDX.N, Bloomberg News reported on Monday.
The firm, which holds a 0.2% stake in InPost, according to LSEG data, called the offer “an opportunistic attempt to exploit a temporary weakness” in the company’s stock, Bloomberg said, citing a letter from Chairman Hein Pretorius.
Reuters could not immediately verify the report.
($1 = 0.8432 euros)
(Reporting by Raechel Thankam Job in BengaluruEditing by Bernadette Baum)
((RaechelThankam.Job@thomsonreuters.com;))
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