CBL investors in the dark as alarm grows
Funds struggle to value large holdings of CBL stock.
The meltdown at insurer CBL has left one fund manager scrambling to assess how to value its holdings while regulatory action suggests mounting concern over its finances.
Late on Friday insurance regulator the Reserve Bank revealed CBL’s main operating subsidiary, CBL Insurance, had been placed
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Tim Hunter
Mon, 26 Feb 2018
Mon, 26 Feb 2018
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CBL investors in the dark as alarm grows
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