Coats chief executive Paul Forman

GPG's Coats sells EMEA crafts unit for US$10m

Fri 20 Feb 15

"The agreement to sell EMEA crafts follows a comprehensive review of the business, including its strategic fit within Coats, and the formulation of a turnaround plan"

Mike Clasper

Coats chair Clasper to head GPG board

Wed 16 Apr 14
Rob Campbell: The board is very focused on the matter

GPG pension headache puts brake on wind-down plan

Thu 23 May 13 1

Guinness Peat Group will have to keep on more staff than previously planned.

GPG cash holdings £329m on asset sales but pension deficit grows

Wed 15 May 13

Selling down its portfolio has left just a 34% stake in insurance group Tower as its only investment outside of Coats.

GPG sells stake in Ridley Corp for $A54m cash

Mon 6 May 13

This takes total cash raised to £623 million since GPG embarking on liquidating its portfolio in 2011.


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