Who was behind the largest private share sale on record in the initial flotation of a supermarket chain owned by Jardine Matheson Holdings via its Dairy Farm International Holdings subsidiary?
Ian Macgregor Ian Macgregor (born c. 1937) is a British investment executive and chartered accountant. He is the former chief investment officer of The Wellcome Trust, oversaw growth of nearly £1bn per annum over fifteen years, making The Wellcome Trust the then-largest foundation in the world (total assets valued at about £14bn at his retirement in 2000). Regarded by many as the most successful investment officer ever seen in the not-for-profit sector, Macgregor was behind the largest private share sale on record: initial flotation of Wellcome Plc.
Burger King Burger King (BK) is an American global chain of hamburger fast food restaurants. Headquartered in the unincorporated area of Miami-Dade County, Florida, the company was founded in 1953 as InstaBurger King, a Jacksonville, Florida-based restaurant chain. After Insta-Burger King ran into financial difficulties in 1954, its two Miami-based franchisees David Edgerton and James McLamore purchased the company and renamed it "Burger King". Over the next half-century, the company would change hands four times, with its third set of owners, a partnership of TPG Capital, Bain Capital, and Goldman Sachs Capital Partners, taking it public in 2002. In late 2010, 3G Capital of Brazil acquired a majority stake in the company, in a deal valued at US$3.26 billion. The new owners promptly initiated a restructuring of the company to reverse its fortunes. 3G, along with partner Berkshire Hathaway, eventually merged the company with the Canadian-based doughnut chain Tim Hortons, under the auspices of a new Canadian-based parent company named Restaurant Brands International.