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Ownership and Management

Last week’s sale of kitchen appliance manufacturer Indesit, the latest in a long line of large Italian family businesses recently sold to foreigners, could be a wake up call for the government to make the country more business friendly, a family business academic says.

Last week’s sale of kitchen appliance manufacturer Indesit, the latest in a long line of large Italian family businesses recently sold to foreigners, could be a wake up call for the government to make the country more business friendly, a family business academic says.

A fresh-faced CEO straight out of business school isn't always the person to inspire public and investor confidence, but circumstances sometimes force a young candidate into the top spot at a family firm.

Norwegian family office Ferd Capital has sold five companies to Nordic investment house Verdane Capital, in an effort to focus on larger and more mature companies.

Norwegian family office Ferd Capital has sold five companies to Nordic investment house Verdane Capital, in an effort to focus on larger and more mature companies. 

Russell Stover, the US family-owned chocolate maker famed for one of its product’s appearance in the feature film Forrest Gump, has sold its business to Swiss rival Lindt & Spruengli.

Russell Stover, the US family-owned chocolate maker famed for one of its product’s appearance in the feature film Forrest Gump, has sold its business to Swiss rival Lindt & Spruengli. 

The head of strategic planning at technology-company Infosys, Ganapathy Subramanian, will reportedly step down after a nearly a decade and take on a managerial role at the chief executive’s family office.

The head of strategic planning at technology-company Infosys, Ganapathy Subramanian, will reportedly step down after a nearly a decade and take on a managerial role at the chief executive’s family office. 

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