More opposition to Barclays ABN Amro bid

A second hedge fund has added its voice to opposition to Barclay’s planned takeover of ABN Amro, the Financial Times reports on Monday.

The fund, Seacliff Capital, has sent emails to Barclay’s management saying it ‘did not understand the logic’ of the deal and would vote against it. Seacliff has already halved its ‘relatively small’ shareholding in Barclays since learning of the bid, the FT said.

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