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"They will be joined by a number of other investors in a limited partnership that will include current CPFC2010 shareholders, Stephen Browett, Jeremy Hosking and Martin Long, who will all retain a substantial shareholding.
He has a substantial shareholding in Alliance Unichem and could hold considerable power in the new operation.
The former Labor powerbroker's son, Eddie Jr, on Friday denied that his family had a substantial shareholding in AWH.
The substantial shareholding was worth £1bn at the time of the float but that has slumped to £405m as the downturn in consumer spending has hit retailers' performance.
The political reality is that most Australians would be unlikely to accept Singapore Airlines, China Southern or Emirates purchasing a substantial shareholding in Qantas.
However, the Qataris were reluctant to become involved in the feud between the families and had their eye on a substantial shareholding in the merged group.
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His 'substantial shareholdings exemption' rule, introduced in 1992, allows corporations to buy and sell substantial shareholdings without worrying about tax.
Vodafone could also take advantage of UK legislation known as substantial shareholdings exemption, which means companies do not have to pay capital gains tax on profits made from selling shares in another firm.
But ministers are expected to stick with the "substantial shareholdings exemption", which means firms to do not have to pay tax on profits from selling a 10 per cent stake or more in another company held for more than a year.
Other main reforms enacted, include: Relief from tax on chargeable gains on disposals of substantial shareholdings in trading companies and groups (enacted by the Finance Act 2002).
It set out the strategy for modernising corporate taxes and proposals for relief for capital gains on substantial shareholdings held by companies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com