Magellan's sale of Guzman y Gomez underscores its Barrenjoey conundrum: Chanticleer - The Australian Financial Review

Magellan is selling its stake in Mexican chain Guzman y Gomez to focus on funds management. But its stake in investment bank Barrenjoey is going nowhere.

Magellan has agreed to sell its 11.6 per cent stake in GYG to Barrenjoey Capital Partners, the investment banking business helmed by Matthew Grounds and Guy Fowler in which Magellan already owns a 40… [+2729 chars]

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