Billionaire Andrew Forrest's private investment company has flagged a spending spree on lifestyle assets and iconic Australian brands after buying RM Williams for about $190 million.
In a vote of confidence in tourism, entertainment and consumer spending in the economic recovery from the COVID-19 pandemic, the mining billionaire wants to build the biggest lifestyle company in Australia.
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Brad Thompson writes across business and politics from Western Australia for The Australian Financial Review. Brad is based in our Perth bureau. Connect with Brad on Twitter. Email Brad at brad.thompson@afr.com
Simon Evans writes on business specialising in retail, manufacturing, beverages, mining and M&A. He is based in Adelaide. Connect with Simon on Twitter. Email Simon at simon.evans@afr.com
