Aberdeen to Oppose FedEx-Led €7.8 Billion InPost Takeover Over Valuation
British money manager Aberdeen will vote against the €7.8 billion takeover of parcel locker operator InPost led by FedEx, arguing the offer materially undervalues the company. Aberdeen’s opposition threatens to derail the $9.25 billion deal and could force FedEx to revisit its European growth strategy.
1. Aberdeen Opposes Takeover
Aberdeen, a major British asset manager, announced it will vote against the €7.8 billion bid by a FedEx-led consortium for InPost, citing concerns that the proposed offer undervalues the parcel locker business. The firm represents a significant block of shares and its dissent could sway other investors to withhold support.
2. Implications for FedEx Strategy
If the takeover fails, FedEx may need to renegotiate terms or seek alternative acquisitions to bolster its European last-mile delivery network. A collapse of the deal could delay FedEx’s planned expansion in automated parcel services and require reassessment of its investment priorities in the region.