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The Guardian - AU
The Guardian - AU
National
Luca Ittimani and Jonathan Barrett

Australian billionaire Brett Blundy wages high-stakes campaign to oust chair of Victoria’s Secret

United States Victoria Secret Lovisa Honey Birdette ISS
Brett Blundy’s investment firm, BBRC International, owns about 13% of Victoria’s Secret lingerie brand, well-known for its recently reinstated annual fashion show, pictured.
Brett Blundy’s investment firm, BBRC International, owns about 13% of Victoria’s Secret lingerie brand, well-known for its recently reinstated annual fashion show, pictured. Photograph: Dimitrios Kambouris/Getty Images for Victoria's Secret

Australian billionaire Brett Blundy is waging a high-stakes campaign to oust the long-term chair of Victoria’s Secret & Co, setting the stage for a showdown at the company’s annual meeting in the US on Thursday.

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed Victoria’s Secret lingerie brand, making it the second-biggest single shareholder and giving it a potential platform to launch a hostile takeover.

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