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GPG’s Coats lifts first quarter sales as industrial division bounces back from 2013

Guinness Peat Group chairman Mike Clasper

Coats chair Clasper to head GPG board

Mike Clasper

GPG pension headache puts brake on wind-down plan

Rob Campbell: The board is very focused on the matter

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

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

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

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

GPG to reap £92m from latest round of asset sales

Some £129m from assets sales and capital returns this year, taking cash raised to £587m since embarking on liquidating its portfolio in 2011.