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Gunvor founder Tornqvist raises stake in firm

LONDON, Jan 26 (Reuters) - Trading house Gunvor’s founder Torbjorn Tornqvist has increased his stake in the firm after a bumper profit year as he bought out some leaving partners while expanding the board to bring in a new generation of managers.

The company said Tornqvist had raised his stake to 86.9% as of Dec 31, 2020, from 80.01% as of Dec 31, 2019. (Reporting by Dmitry Zhdannikov; editing by David Evans)

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