MGDDY - The Nest Egg Portfolio: Taking A 42% Gain Off The Table After A Buyout Offer On BinckBank
Introduction
In this edition of the Nest Egg Portfolio, I will explain why I am accepting Saxo Bank’s buyout offer on BinckBank, as this is an excellent moment to exit.
Did you miss the previous edition of the Nest Egg Portfolio where I discussed the 16+% dividend yield on the BT Group (BT) stock? You can re-read it here.
Portfolio update
BinckBank: Terminus station for us
Santa came early this year, as Denmark-based Saxo Bank made an offer to acquire all outstanding shares of BinckBank (BINCF, BINCY), which