Hugh Green exits second listed asset with Turners sale; Maryanne Green leaves family firms

Fri, 30 Jun 2017

By Jonathan Underhill June 30 (BusinessDesk) - Interests associated with the estate of the late philanthropist Hugh Green have sold out of a second listed asset, with the $47 million sale of a stake in Turners Automotive Group, while daughter Maryanne Green has ceased to be a shareholder in two family investment companies. Hugh Green Investments sold about 14 million shares of Turners on market today at $3.35 apiece. A related company, the Hugh Green Trust-owned Castle Investments, sold its 27.2 percent stake in Hellaby Holdings as part o...

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