Squeeze-out legislation has eliminated this problem. With control thresholds at 90% to 95%, as of today it is rare that this "last stakeholder" problem arises,

Squeeze-out legislation has eliminated this problem. With control thresholds at 90% to 95%, as of today it is rare that this "last stakeholder" problem arises, as minority shareholders consent for their share sale is not required. Having said that, if you look close at the consortium's offer, there is for sure a clause that states that the offer is for x%-100% of the outstanding share capital.