A Swiss investment firm known as Mercatura...
- Share via
A Swiss investment firm known as Mercatura Trust revealed it owns a 6% interest in Gibraltar Financial. In a filing with the Securities and Exchange Commission, Mercatura said it has accumulated the stock as an investment and wants representation on the board of directors to help Gibraltar “improve its business.” The total purchase price of the stock was $9.28 million. A spokesman for Beverly Hills-based Gibraltar Financial termed the investment “constructive and friendly.” Mercatura Trust is headed by private investor Dieter Neubronner.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
