Speculating a possibility, page-8

Go to the PPG thread.

The new PPG CEO used to run the AMCOR Australian business until 2004. He was then the CEO of Aperio which was purchased by AMCOR in 2012 for about $250m from private equity.

I think the 15% blocking stake that Ruffy has in CKL is most likely strategic while other things take shape. PPG may even get delisted by a management buyout to make the deals easier to do - now that Ruffy is cashed up from the PGH float.