Aberdeen Says €7.8 Billion InPost Buyout Bid Undervalues Company

Aberdeen Group Plc will vote against a consortium’s buyout offer for InPost SA, saying the proposal fails to reflect the Polish parcel locker operator’s intrinsic value or long-term growth trajectory.

The all-cash offer of €15.60 ($18.50) a share seems an opportunistic attempt to “exploit a temporary weakness” in InPost stock, the investment firm said in a letter to Chairman Hein Pretorius, seen by Bloomberg.