Brother of Boohoo founder hands his children £63m present
The brother of one of the founders of fashion retailer Boohoo has handed his children a £63m present.
Jalad Kamani, the 57-year-old brother of Mahmud, has gifted 30 million shares in the online retailer to his children.
The shares in the Manchester fashion firm are currently valued at £2.10.
A statement was made to the Stock Market this morning.
It said: “boohoo.com, the leading online fashion retailer, has been notified of the following dealing in the company's ordinary shares of 1 pence each made on 13 June 2018 by ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
