Byron,
GPG realised just over half what you were reporting a few months back as gospel (ie as in the AFR), and only about 10% above market, for their stake in T&G. Hardly a good outcome imho, albeit not a firesale.
If you read Gaynor's article (which I linked) you'd possibly see the GPG assets in a slightly less rose tinted light. Anyway not a current holder myself. My interest being more in how a once such aclaimed investor so lost it in recent decades.
EL
Byron,GPG realised just over half what you were reporting a few...
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