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

The Guardian World Thursday 11 June 2026, 02:51 UTC By Luca Ittimani and Jonathan Barrett 1 min read
Key Points

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeoverAustralian 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...

Blundy’s investment firm, BBRC International, owns about 13% of the US-listed lingerie brand, giving it a potential platform to launch a hostile takeover

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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Australian (ORG) Brett Blundy (PERSON) Victoria (PERSON) Blundy (PERSON) BBRC International (ORG) US (LOCATION) Victoria’s Secret &amp (ORG)
Originally published by The Guardian World Read original →

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