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The Guardian - UK
The Guardian - UK
Business
Roy Greenslade

Funtastic investment by Murdoch's son

Lachlan Murdoch, son of Rupert, has unexpectedly taken a stake in the toy wholesaler Funtastic. Four months after the company rejected a takeover proposal from a private equity firm, Murdoch's investment vehicle, Antium, bought a 14% stake. Only last month Funtastic - the biggest distributor of Disney, Bratz, Wiggles, Thomas the Tank Engine and Marvel merchandise in Australia and New Zealand - warned it had an $8.5m (£3.7m) exposure to the failed childcare operator ABC Learning Centres. (Via Sydney Morning Herald/AAP)

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The Guardian - UK
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