Brierley cashes in more GPG shares, chairman Campbell builds up stake

Wed, 06 Mar 2013

By Paul McBeth March 6 (BusinessDesk) - Veteran corporate raider Sir Ron Brierley cashed in more Guinness Peat Group shares as the investment firm he helped found draws closer to next incarnation, while at the same time chairman Rob Campbell, who's leading the transformation, built up his stake. On March 4, Sir Ron sold 5 million shares at 48.5 Australian cents apiece, totalling some A$2.43 million, or $3 million in New Zealand dollar terms, according to a notice to the stock exchange. The septuagenarian investor now holds 26.9 million share...

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