Safran activist TCI responds to company's defence of proposed Zodiac acquisition
Safran [EPA:SAF] activist TCI Fund Management has published five new documents to its website dedicated to arguing against the company's offer to acquire Zodiac Aerospace [EPA:ZC], which can be accessed here.
Two documents appear to be presentations of the activist's arguments, updated since Safran's most recent response.
A letter regarding Safran's corporate governance dated 27 February and signed by TCI's Sir Chris Hohn is available here.
A letter from Hohn on 27 February calling for the French market reguator AMF to regard Zodiac's family shareholders, the French government, FFP and Fonds Strategique de Participations as "concert parties" in relation to Safran, is available here.
A fifth document instructs Safran shareholders on how to qualify for double voting rights.