UK's Big Yellow gains on report shareholder Irenic is pushing for co's sale
15/10/2026 12:37
BUZZ-UK's Big Yellow gains on report shareholder Irenic is pushing for co's sale ** British self-storage company Big Yellow Group BYG.L up about 3% at 866p
** FT reports activist investor Irenic Capital, which owns roughly 4% of Big Yellow, has engaged with the board for months regarding a potential sale of the UK self-storage company
** Previously, activist investor Ancora, which owns more than 4% of BYG, had urged it to pursue a strategic review, including a potential sale
** BYG, Irenic did not respond to Reuters requests for comment
**YTD, stock has fallen ~17%
(Reporting by Tuhina in Bengaluru)