His investment fund, the Talbot Group, has recently turned its attention to the mining sector, investing in uranium, oil and iron ore in partnership with CITIC, which is another major Macarthur shareholder, controlling 19.9%.
In an odd twist, it is another group of shareholders (along with the United States government) that is objecting to the releases in the plan.
There is another danger for shareholders: that Asian companies will go back to using newly raised cash to expand into unrelated businesses.
"Icahn is just another shareholder," says Bartz with typical insouciance.
That concern is especially acute since Polymer's controlling shareholder is another buyout shop, MatlinPatterson.
Liberty Corporate is Rangers' parent company and its sole shareholder is another company known as Liberty Capital Limited, which is owned by Whyte and registered in the British Virgin Islands.
Whether his $8.3 billion bid for ASX, which is based in Sydney and is Australia's main stock market operator, is good for his own shareholders is another matter.
The acquisition plan announced yesterday, which still awaits approval by PentaSafe's shareholders, is another example of a consolidation in the security software industry.
EDF, which already has a joint venture with Edison, will provide the management skills for the new concern.Whether the bid for Montedison is good for the target's other shareholders is another matter.
