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Derrimut gym founder’s personal debts top $10m, as chain finds new controversial brand promoter

The flashy former founder has a continuing association with the gym chain that collapsed under his stewardship as a jailed former footballer takes centre stage of their marketing.

Derrimut gym founder’s personal debts top $10m, as chain finds new controversial brand promoter

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IHC identifies Fount Trust as ultimate parent

Abu Dhabi’s International Holding Company has identified Fount Trust as its ultimate parent above Royal Group Holding LLC, formalising the ownership structure that followed an earlier restructuring. IHC said on Monday that the change affects the legal ownership chain but does not alter its ultimate beneficial ownership, operations…

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