GMB Liquidity Corporation, headed by merchant banker and horse racing guru Greg Bortz, has secured a commanding holding of almost 50% in gaming counter Grand Parade Investments .
On Wednesday GPI confirmed GMB had acquired another 61.5-million shares, taking its stake to 48.9%. The stake will dilute to 46.34% if GPI’s treasury shares are put in the ownership equation...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and TimesLive Premium.
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