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  "documentTitle": "TCI Airbus Letter February 2023",
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  "presentationDate": "2023-02-01 00:00:00",
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      "text": "7 Clifford Street, London, W1S 2FT | Telephone: +44 (0) 20 7440 2330\nTCI Fund Management Limited is a private limited company incorporated and existing under the laws of England and Wales with registered number 08898250\nAuthorised and regulated by the Financial Conduct Authority",
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      "kind": "paragraph",
      "text": "Governance issues and the risk of poor capital allocation are the main reasons why Airbus stock trades at a discount to its aerospace peers and to its fair value. We urge you to address this by immediately terminating negotiations with Atos over the purchase of a minority stake in Evidian.",
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      "text": "We look forward to discussing this matter with you at the earliest opportunity.\n\nYours sincerely,",
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      "text": "If such a transaction with Evidian is consummated and there is evidence that it is, in part, a politically motivated and justified transaction, then all directors may be in breach of their fiduciary duty and we reserve our rights to litigate for shareholder damages and hold the directors personally liable for these damages.",
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      "text": "In light of our numerous and significant concerns about this transaction, on 17 February 2023 TCI filed a motion to be added to the agenda of Airbus' AGM in April requesting the disclosure and discussion of certain important issues regarding the potential purchase of the stake in Evidian. We have attached the AGM motion to this letter.",
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      "text": "Christopher Hohn\n\nTCI Fund Management Limited\nFor an on behalf of The Children's Investment Master Fund",
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