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Irenic joins Ancora in pushing for £1.65bn Big Yellow sale

Activist hedge fund Irenic Capital Management has acquired a roughly 4% stake in UK self-storage operator Big Yellow Group, joining fellow activist Ancora Holdings in pushing the FTSE 250 company to…

  • Irenic Capital and Ancora Holdings push for £1.65bn sale of Big Yellow Group.
  • Ancora revealed 4% stake in Big Yellow, aligning as top shareholders.
  • Big Yellow shares surged 5% after Ancora's announcement, valuing company at £1.65bn.

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