Guinness Peat Group

Guinness Peat Group was an investment holding company with interests in Europe, Australia and New Zealand.

Guinness Peat Group
TypePublic limited company
IndustryInvestments
HeadquartersLondon, United Kingdom
Key people
Sir Ron Brierley (Chairman)
Websitewww.coats.com

History

The company, which had been formed as an investment offshoot of the London-based investment bank Guinness Mahon in the 1980s, was acquired by Brierley Investments Limited (a business controlled by Sir Ron Brierley) in 1990.[1] The company's shares were listed on the New Zealand Stock Exchange in 1991, on the London Stock Exchange in 1992 and the Australian Securities Exchange in 1993.[2] In 2000, the company spearheaded a campaign to stop the London Stock Exchange from merging with Germany's Deutsche Börse.[3]

The company, having disposed of its other investments, was renamed after its former subsidiary, Coats, in February 2015.[4]

References
  1. "Weiss exits Guinness Peat but stays on at Coats". The Australian. 1 April 2011. Retrieved 8 February 2016.
  2. Gaynor, Brian (3 July 2010). "Investors must insist on best practice". New Zealand Herald. Retrieved 8 February 2016.
  3. "Exchange merger 'bad for investors'". The Telegraph. 11 August 2000. Retrieved 8 February 2016.
  4. "Ron Brierley resigns from Coats". New Zealand Herald. 20 April 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.