Pyne Gould looks to oust EPIC directors, boost its stake to 49%

Tue, 16 Sep 2014

By Suze Metherell Sept. 16 (BusinessDesk) - Pyne Could Corp, the asset management firm controlled by George Kerr, is seeking the removal of two directors of Equity Partners Infrastructure Company No.1, as it looks to boost its stake to almost half. Pyne Gould wants to raise its stake to 49 percent from the 27 percent of the investment company it already holds, the Guernsey-based company said in a statement. At the same time, it is also seeking to remove two of EPIC's three directors, and replace them with Pyne Gould's managing director Ke...

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