Wilson Partners and Wilson Partners LP
This appeared in Plastics News, a US publication with stong journalism and is probably right. Its enough of a coincidence to be true.
By Frank Esposito
PLASTICS NEWS STAFF
Contrary to a story that appeared on the Web site of one of India’s largest newspapers, there is no connection between President Bush’s youngest brother and one of the firms that trumped an Iranian bid to buy global polyproylene leader Basell Polyolefins.
A May 6 story on the Calcutta (India) Telegraph Web site linked Winston Partners, a McLean, Va., investment firm founded by presidential sibling Marvin Bush, with Chatterjee Group, the New York firm that teamed with Access Industries Inc. to buy Basell in a $5.7 billion deal announced May 5.
While it’s true that a Winston Partners LP is part of Chatterjee Group, that firm is not related to Marvin Bush’s Winston Partners, according to Chatterjee Chief Financial Officer John Flanagan.
“You wouldn’t believe the calls I’ve been getting,” he said in a May 10 phone interview. “There’s no connection between [Chatterjee Group] and the Bush family,” he said. “It’s a total coincidence that there are two entities using the name Winston Partners.”
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