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Tchenguiz makes 20 times money on Scotch sale

A consortium led by entrepreneur Robert Tchenguiz has made more than 20 times its money on its investment in Scotch whisky producer Whyte & Mackay in just six years, after it sold the company for £595m ($805m).

Sources close to Tchenguiz's investment firm R20 said it had booked a profit of 21.5 times on its initial investment, by selling 100% of the company to India's United Spirits.

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