Hedge fund revealed as largest shareholder in Royal Mail

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Activist hedge fund the Children's Investment Fund (TCI) is the largest private shareholder in newly listed Royal Mail, a regulatory filing has revealed.

TCI has built up a 5.82% stake in Royal Mail, owning 5.82m shares. It only had to disclose the stake once it rose above the 5% threshold, reached on Friday. The hedge fund is run by philanthropist Chris...

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