Buyer looks to Bethunes as a listed shell

Thu, 14 Apr 2016

By Edwin Mitson April 14 (BusinessDesk) - Bethunes Investments, which owns the Mowbray collectibles stamp dealership, says it has received an "informal" approach to buy the company as a listed shell. Bethunes chairman Christopher Swasbrook says nothing is expected to come from the approach which is "not consistent with their investment strategy". The company is currently looking for new businesses to invest in, with two opportunities in the preliminary stages of an investigation. It didn't immediately identify the party involved. Mowb...

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