Shareholders in Laurence Escalante’s VGW have backed his family’s office acquisition of the business, which gives the billionaire almost full ownership of the gaming company.
Sutton takes control of automotive major Regent Motors
Automotive industry leader Tyson Sutton has taken full control of Regent Motors, one of the biggest car retailing groups in the country.
Regent Motors sells 30,000 vehicles a year, turning over a conservatively reported $1.2 billion, and was majority owned by the family of Andre Van Helvoort who co-founded the business in 1962.
Mr Sutton, estimated to be worth $195 million last year in the Business News inaugural Rich List, has been in the driving seat at Regent Motors for decades.
Ella Loneragan reports on the provision of tourist and associated infrastructure needed to lift to meet WA’s growing potential.