Richard Julian Roberts FSAwas a British librarian, bibliographer, and scholar... (wikipedia)
The three top shareholders (Fidelity, Cevian and Burdaras) are very much in favor of the transaction. We are confident that the compelling logic of the transaction is coming through,
We have done a very considerable due diligence. We have spent a lot of time with the local management and have got a good understanding of the positioning of the brand and the positioning of the business in Sweden.
Although we have had indications from certain Skandia shareholders that they do not accept, this has got a long way to go,
That is why we'd like to complete the transaction as fast as we possibly can.