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GS handles $48m SEEK stake for Andrew Bassat

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There was some surprising selldown news out of SEEK Ltd on Thursday.

Co-founder Andrew Bassat revealed he had dropped a $48 million stake, offloading 1.5 million shares in an off-market trade this week.

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/gs-handles-48m-seek-stake-for-andrew-bassett-20211021-p59211