Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Magellan offloads GYG stake

Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management.

Upgrade your subscription to access this article

And gain access to:
  • All archived news content
  • Access to the Financial Standard app
  • Home page news customisation
  • Financial Standard 's fortnightly newspaper
  • 25% discount on tickets to networking events
And more
Already A Subscriber?

Read more: Magellan Financial GroupBarrenjoey Capital PartnersGuzman y GomezHamish McLennanMagellan Capital Partners