Australian billionaire Brett Blundy wages high-stakes campaign to oust chair of Victoria’s Secret
The Guardian World ·
Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US …
Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US on Thursday. Blundy’s investment firm, BBRC International, owns about 13% of the US-listed Victoria’s Secret lingerie brand, making it the second biggest single shareholder and giving it a potential platform to launch a hostile takeover. …
Original source: The Guardian World