Profits in the post: Will activist investor Chris Hohn stamp his authority on …This is MoneyThe hedge fund's accounts are complex, and the group has multiple subsidiaries and other entities. While the group that bought the Royal Mail shares is called The Children's Investment Fund Management (UK), payments to charities …
Read More »Watchdog to probe Royal Mail sale – Cambridge News
Watchdog to probe Royal Mail saleCambridge NewsThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: …
Read More »Royal Mail sell-off to be probed by National Audit Office – Financial Times
Royal Mail sell-off to be probed by National Audit OfficeFinancial TimesThe National Audit Office is to carry out a value for money examination of the Government's privatisation of the Royal Mail. The announcement from the spending watchdog came amid a continuing row over whether the postal company was sold off …
Read More »Watchdog to probe Royal Mail sale – Belfast Telegraph
Watchdog to probe Royal Mail saleBelfast TelegraphThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: …
Read More »Watchdog to probe Royal Mail sale – expressandstar.com
Watchdog to probe Royal Mail saleexpressandstar.comThe NAO said: "Given the scale and significance of what has been the first public offering for many years of shares in a publicly owned company, the National Audit Office will be conducting a value for money examination of the privatisation of Royal… More: continued …
Read More »Wednesday Papers: TCI stake stirs Royal Mail furore – Citywire.co.uk
Wednesday Papers: TCI stake stirs Royal Mail furoreCitywire.co.ukTop stories. Financial Times: The Children's Investment Fund, one of the world's most aggressive hedge fund activists, has taken a 5% stake in Royal Mail, fanning the flames of a political furore over whether the 500-year-old company was sold too cheaply. More: continued …
Read More »Activist hedge fund TCI takes big stake in Royal Mail – Reuters
Activist hedge fund TCI takes big stake in Royal MailReutersLONDON (Reuters) – A hedge fund with a reputation for aggressive campaigning to boost company performance has become the biggest shareholder in newly-privatised Royal Mail after the British government. The Children's Investment Fund has bought a … More: continued here
Read More »Royal Mail’s biggest shareholder revealed as hedge fund run by philanthropist … – This is Money
Royal Mail's biggest shareholder revealed as hedge fund run by philanthropist …This is MoneyBut Royal Mail documents show that The Children's Investment Fund, which is known for its aggressive activism, has built up a 5 per cent holding in the company – making it the largest single shareholder. Shares in …
Read More »Royal Mail share price: Activist hedge fund takes biggest private stake – iNVEZZ
Royal Mail share price: Activist hedge fund takes biggest private stakeiNVEZZiNVEZZ.com, Wednesday, October 23rd: A UK hedge fund considered to be an activist investor has become the biggest private shareholder in newly-privatised Royal Mail (LON:RMG), rekindling criticism of the sell-off. The Children's Investment Fund (TCI) … More: continued here
Read More »Royal Mail's largest shareholder a "blow to Vince Cable"
Royal Mail (RMG) shares were up almost 4% in morning trading on the revelation Children's Investment Fund Management (TCI) had become the postal service's largest shareholder, with a 5.82% stake of the business. More: continued here
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