It is! its moving on this news, no return of cash whatsoever!
Its saying it will be more or less a investment trust, well they trade at 10-20% discount to assets so i guess this will.
"Empire added that following any such disposal, it intends to become an
investing company. The proceeds from a sale would be used together with the
company's existing cash of around 250 mln usd to invest in both private and
public businesses and across the small, mid and large-cap range of companies, it
said."
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