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Aberdeen to vote against $9.2 billion FedEx-led InPost takeover
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Aberdeen to vote against $9.2 billion FedEx-led InPost takeover
Mar 11, 2026 4:14 AM

Feb 16 (Reuters) - British money manager Aberdeen

will vote against the proposed ​7.8 billion euro ($9.25

billion) takeover of ‌InPost by a consortium led by

FedEx ( FDX ), saying the ⁠offer materially undervalues the

parcel locker company.

The firm, ⁠which holds a 0.2% stake ‌in InPost ‌according to

LSEG data, urged InPost's board to reassess ​its support for the

"unjustifiably ‌low" 15.60 euros per share cash offer.

"The offer is opportunistic, seeking ​to exploit a ​temporary

dislocation ‌in the share price at the expense of long term

shareholders," said Matthew Peacock, ⁠a research analyst at

Aberdeen Investments, according ⁠to extracts of a letter seen by

Reuters.

Aberdeen's opposition was first reported by Bloomberg News.

The consortium, which includes Advent International, ⁠PPF

Group ‌and InPost CEO Rafal Brzoska's ‌investment vehicle A&R,

agreed to the takeover in ⁠early February, with plans to expand

InPost's footprint across France, Spain, Portugal, Italy,

Benelux and Britain.

InPost operates across nine countries including its home

market Poland, and has one of the largest European ​networks of

automated parcel machines.

($1 = 0.8432 euros)

(Reporting by Raechel Thankam Job in Bengaluru and ​Iain Withers

in London; ‌Editing by Bernadette Baum and ​Jan Harvey)

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