21
Southeastern Concentrated Value, an investment fund backed by Egyptian tycoon Nassef Sawiris and partners at American firm Southeastern Asset Management, has become the biggest shareholders in drinks company C&C.
The fund announced last week it had built its stake up to 10.07 per cent, which values its holding at just under €112 million ($123.7 million).
Nassef Sawiris has an estimated $4.5 billion fortune.
Source: Sunday Business Post
