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 told the stock exchange last week it had built its stake up to 10.07 per cent, which values its holding at just under €112 million.
Sawiris is the youngest son of one of Egypt’s richest families, and was rated by Forbes magazine as...
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