Irenic Builds 4% Stake in Big Yellow and Pushes for Sale
Irenic Capital Management has built an about 4% stake in UK self-storage company Big Yellow Group and is pushing it to explore a sale, the Financial Times reported, citing people familiar with the matter.
Activist investor Irenic Capital Management has accumulated about a 4% holding in UK self-storage company Big Yellow Group (LSE:BYG) and is urging the company to consider a sale, the Financial Times reported on Thursday, citing people familiar with the matter. The report follows days after Ancora Holdings revealed a…