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Ownership and Management

The Forbes family has sold a controlling stake in its eponymous media empire to a Hong Kong-based consortium of international investors, bringing to an end 97 years of family ownership.

The Forbes family has sold a controlling stake in its eponymous media empire to a Hong Kong-based consortium of international investors, bringing to an end 97 years of family ownership. 

A fourth-gen of George Weston Limited, the Canadian branch of the Weston family empire, has been promoted to the role of president at its supermarket subsidary Loblaws.

A fourth-gen of George Weston Limited, the Canadian branch of the Weston family empire, has been promoted to the role of president at its supermarket subsidary Loblaws.

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. 

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