Blundyβs investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover
Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoriaβs Secret & Co, setting the stage for a showdown at the companyβs annual meeting in the US on Thursday.
Blundyβs investment firm, BBRC International, owns about 13% of the US-listed Victoriaβs Secret lingerie brand, making it the second biggest single shareholder and giving it a potential platform to launch a hostile takeover.