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Lex Greensill: Who is the Bundaberg farmer turned billionaire? – NEWS.com.au
Lex Greensill: Who is the Bundaberg farmer turned billionaire?
An Australian farmer who cultivated a $6 billion financial empire is facing the rapid unravelling of his company, lender Greensill Capital.Lex Greensill’s business had more than $10 billion frozen by Credit Suisse, with the move threatening more than 7000 Aussie jobs.
In a deal reportedly worth $128 million, Greensill Capital is scrambling to sell off “large parts” of its business to US private equity firm Apollo Global Management, according to the Financial Times and Bloomberg News.
Based in the…
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