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HomeGeneral NewsBillionaire buys 27% of the Economist

Billionaire buys 27% of the Economist

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Canadian billionaire Stephen Smith has bought a 26.9% stake in UK news and current affairs journal the Economist from the Rothschild family, a tranche reportedly worth A$755 million.

Smith is co-founder and chairman of Peloton Capital Management, and co-owner of proxy advisor Glass…



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