Advertisement

Maxwell to Sell Stake: British publisher Robert...

Share
From Times Staff and Wire Reports

Maxwell to Sell Stake: British publisher Robert Maxwell has been forced to put his 14.9% stake in Bell Group Ltd. back on the market under terms of an out-of-court settlement with Australia’s National Companies and Securities Commission. The Federal Court said Bell director David Aspinall was in breach of takeover regulations when he originally acquired the shares. He then sold them to Maxwell.

Advertisement