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Birmingham Post
Birmingham Post
Business
Jon Robinson

Firm established by late South African billionaire businessman buys shares in B&M

BM

A firm established by a late South African billionaire businessman and an investment giant has bought a stake in B&M.

Orbis Allan Gray Limited has snapped up a 5% stake in the Merseyside-headquartered business.

The move makes it one of the largest shareholders in the discount retail giant.

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