The Vital question – who benefits?
ANALYSIS: As Vital Healthcare revives a restructuring scheme, directors of its external manager seem particularly antsy about their independence.
Over the years, Vital has become much more of an investor in Australian assets.
Poker players call it a ‘tell’ – a behavioural tic that reveals information about the strength of someone’s cards.
There are tells in corporate language too.
The word ‘independent’ occurs eight times in the announcement on Wednesday from NZX-listed Vital Healthcare Property Trust, a $1.3
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