News Formal

Lex Greensill’s new investment is coconut waste

  • 📰 FinancialReview
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 90%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The shareholding is the financier’s first known investment since the collapse of Greensill Capital.

| Lex Greensill’s family has quietly invested in a company claiming to make environmentally friendly carbon products from discarded coconut husks, in the disgraced financier’s first known investment since the collapse of his lending company Greensill Capital.

For example, Japanese technology conglomerate SoftBank’s Vision Fund paid $US174 million in late 2019 to acquire a stake from the Peter Greensill Family Trust, according to a report from Greensill Capital’s Australian administrator. Panthera’s shareholders include Cultivar International, an Australian company jointly owned by the Peter Greensill Family — the trustee for the Peter Greensill Family Trust — and Cultivar Investors, a Florida-based company linked to US businessman John Gorman.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tabcorp posts $66.5m profit after demerger, says market share risingThe company, which operates media and gaming services, increased statutory revenue by 2.6 per cent to $2.4 billion and earnings before interest.
Source: FinancialReview - 🏆 2. / 90 Read more »