Raider Brierley tastes life as prey
Guinness Peat Group is known for its activist approach. Over the years it’s made a name for itself by inching up the share register of numerous companies, attempting to force change and unlock hidden value.
Through daring sharemarket raids on Woolworths and Ampolex in the 1980s and 1990s, Ron Brierley and Gary Weiss became members of a small group of financiers feared by corporate Australia.
Now, with their reputation for canny investments battered, something has happened to the two men who control Guinness Peat Group : they’ve become the target.
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