Financial Times: Service reform can only complicate Křetínský’s Royal Mail gambit

The support of long-only funds may be questionable but arbitrageurs are near guaranteed to tender in favour, says Mark Kelly of MKP Advisors. Those now make up a tenth of IDS’s disclosed register and more likely represent 15 per cent. That figure could rise to as much as 30 per cent of the total.

Published by and image courtesy of Financial Times.