Redwheel, the second-largest independent shareholder of Royal Mail, opposes Daniel Kretinsky's bid. Redwheel has a 6.65% stake and has a 'value'-biased holder list. They previously opposed bids for Direct Line and Curry's. Royal Mail's chair seeks investor support after rejecting Kretinsky's offer. Regulators' actions leave Royal Mail vulnerable to takeovers.
Royal Mail owner’s chair seeks to charm investors after Czech billionaire’s bid https://t.co/CY176WvBQo
Royal Mail asks UK regulators to swiftly cut back its legal obligation to deliver letters six days a week, in an effort to fend off a foreign takeover bid https://t.co/wgeg6aJe6v
🇬🇧 Ocado faces investor calls to abandon London listing for New York https://t.co/qSenFkcydN
🇬🇧 Royal Mail in talks with investors as Czech plots new bid https://t.co/ZUEYCUIu83
🇬🇧 Regulators leave Royal Mail vulnerable to ‘corporate predators’, says investor https://t.co/CMcdrMLbB0
Regulators leave Royal Mail vulnerable to ‘corporate predators’, says investor https://t.co/wq4QBqUk1W
Redwheel backs Royal Mail owner's rejection of Kretinsky share offer https://t.co/H18hFB2DAX https://t.co/ztmypOHK5v
Redwheel (formerly RwC) voicing opposition to $IDS (Royal Mail parent) bid from Daniel Kretinsky Redwheel is #2 independent shareholder with 6.65% stake; holder list seems "value"-biased Redwhell also generated headlines by opposing bids for Direct Line $DLG and Curry's $CURY https://t.co/XZj4QgYyO3 https://t.co/592akj9S09
Sunday Papers@Citywire: Ocado under pressure to consider leaving London for New York; Redwheel, Royal Mail’s 2nd-biggest independent shareholder, backs its board for rejecting Daniel Kretinsky bid; & Jeremy Hunt mulls stamp duty & NI cuts before election. https://t.co/FHrge2B2d0