Aberdeen opposes $9.25 billion FedEx-led takeover of InPost

Aberdeen will vote against the $9.25 billion InPost takeover by a FedEx-led group. The firm calls the bid an opportunistic attempt to exploit stock weakness.

Insights:
Aberdeen, a British money manager based in the United Kingdom GBGB, has announced its decision to vote against the proposed €7.8 billion takeover of InPost S.A. by a consortium led by FedEx Corporation . The firm described the offer as "an opportunistic attempt to exploit a temporary weakness," marking a significant instance where a named institutional shareholder has publicly dissented during a large-scale merger and acquisition transaction.
A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, on January 26, 2021. REUTERS/Simon Newman/File Photo
A woman stands at an InPost locker with an ASOS package at her feet in Hackney, London, Britain, on January 26, 2021. REUTERS/Simon Newman/File Photo
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