Guinness Peat Group was an investment holding company with interests in Europe, Australia and New Zealand.
History
The company, which had been formed as an investment offshoot of
London
London is the Capital city, capital and List of urban areas in the United Kingdom, largest city of both England and the United Kingdom, with a population of in . London metropolitan area, Its wider metropolitan area is the largest in Wester ...
based investment bank
Guinness Mahon in the 1980s, was acquired by
Brierley Investments in 1990. The company's shares were listed on the
New Zealand Exchange (NZX) in 1991, on the
London Stock Exchange
The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...
(LSE) in 1992 and the
Australian Securities Exchange
Australian Securities Exchange Ltd (ASX) is an Australian public company that operates Australia's primary Exchange (organized market), securities exchange, the Australian Securities Exchange (sometimes referred to outside of Australia as, or c ...
(ASX) in 1993. In 2000, the company spearheaded a campaign to stop the London Stock Exchange from merging with Germany's
Deutsche Börse
Deutsche Börse AG (), or the Deutsche Börse Group, is a German multinational corporation that offers a marketplace for organizing the trading of shares and other securities. It is also a transaction services provider, giving companies and inv ...
.
Having disposed of its other investments, in March 2015 the company was renamed
Coats Group
Coats Group plc is a British multinational company. The company provides products, including apparel, accessory and footwear threads, structural components for footwear and accessories, fabrics, yarns, and software applications.
Coats is listed ...
after its remaining subsidiary.
Notes
References
{{Authority control
Companies formerly listed on the Australian Securities Exchange
Companies formerly listed on the London Stock Exchange
Companies listed on the New Zealand Exchange
Defunct companies based in London
Former dual-listed companies
Holding companies disestablished in 2015
2015 disestablishments in England