Companies
Vision Capital feud to cost Ires Reit €1.8 million
The state’s largest landlord detailed the costs associated with the shareholder battle in its annual report
Ires Reit, the state’s largest landlord, anticipates the contentious battle with one of its largest shareholders will cost €1.8 million.
At the end of last year Vision Capital, an activist investor that holds 5 per cent of Ires, embarked on a lengthy campaign against the company. The Toronto-based investment fund wanted the Reit to be broken up to create a liquidity event that could return significantly more cash to shareholders than the stock market values ...
