Balmoral shows ‘small’ investors the door
Shareholders with holdings worth up to €262,500 at take-out price were forcibly bought out with no option to stay on board
Shareholders with holdings worth up to €262,500 at take-out price were forcibly bought out with no option to stay on board
Balmoral International Land is voting on whether to force investors with fewer than 25,000 shares to sell for a fraction of the net asset value of its assets
Previously expected drop in value of UK holdings has not yet materialised
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