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Agnelli family

July 18, 2014

Murdoch merger rebuffed by Time Warner; Family-owned Fiat denies Volkswagen takeover bid and Bestway buy Co-op pharmacy in multi-million pound deal

Murdoch merger rebuffed by Time Warner

Rupert Murdoch’s 21st Century Fox has had an $80 billion (€59.1 billion) merger deal rejected by US rival Time Warner.

January 2, 2014

Italian family business Fiat has welcomed in the New Year by signing an agreement to purchase the remaining stake it does not already own in US carmaker Chrysler.

Italian family business Fiat has welcomed in the New Year by signing an agreement to purchase the remaining stake it does not already own in US carmaker Chrysler.

The $3.65 billion (€2.67 billion) agreement ends a stand off between Fiat, which is owned by family-controlled holding company Exor, and a retiree healthcare trust over the value of the company.

Veba, associated with the United Auto Workers union, argued its 41.5% stake was worth $5 billion, while Fiat said it was worth half that amount.

July 3, 2013

Fiat doubles its share in an Italian publishing group while German family firms Ottobock and Pohlig join forces for a greater footprint in the orthopaedics sector.

Fiat doubles its share in an Italian publishing group while German family firms Ottobock and Pohlig join forces for a greater footprint in the orthopaedics sector.

Fiat

Fiat – controlled by the Agnelli family's Exor – has announced it will double its holding in struggling Italian publishing group RCS MediaGroup from 10% to 20%.

June 3, 2013

Italy’s Agnelli family has sold its stake in inspection and verification business SGS to Belgium’s richest man Baron Albert Frere, in a deal that underlines the links between some of the world’s wealthiest business families.

Italy’s Agnelli family has sold its stake in inspection and verification business SGS to Belgium’s richest man Baron Albert Frere, in a deal that underlines the links between some of the world’s wealthiest business families.

The Agnelli-controlled holding group Exor banked a €1.5 billion net gain on the sale of its 15% stake in SGS to Groupe Bruxelles Lambert, which is controlled by Frere and the French-Canadian Paul Desmarais and his family.

December 15, 2011

Pandas have been making headlines a lot recently, thanks to China and Scotland joining forces to bring some of the cuddly-looking creatures to Edinburgh zoo. Now an entirely different type of panda – the Fiat Panda – has caught the attention of the press after the Italian carmaker unveiled the latest model. 

Pandas have been making headlines a lot recently, thanks to China and Scotland joining forces to bring some of the cuddly-looking creatures to Edinburgh zoo. Now an entirely different type of panda – the Fiat Panda – has caught the attention of the press after the Italian carmaker unveiled the latest model.

The compact city car boasts four airbags, ABS and daytime running lights as standard, as well as its well-regarded two-cylinder TwinAir engine.

August 31, 2011

Family-controlled Exor, the parent company of Italian car manufacturer Fiat, expects its massive €460.1 million jump in six-month profits to be followed by strong results for the last half of the year, according to a company spokesman. 

Family-controlled Exor, the parent company of Italian car manufacturer Fiat, expects its massive €460.1 million jump in six-month profits to be followed by strong results for the last half of the year, according to a company spokesman.

August 27, 2009

Professor Randel Carlock, INSEAD’s Berghmans Lhoist chaired professor in Entrepreneurial Leadership and director, Wendel International Centre for Family Enterprise, outlines strategies to help your family business through the current storm.

In recent months many firms have laid off employees, shelved growth plans and cut budgets as the recession and general pessimism continues to afflict the business world. Amid the deepest and most widespread economic downturn for more than 50 years, international trade is forecast to fall by more than 13% and world economic activity to shrink by 2.7%, according to Paris-based body the Organisation for Economic Co-operation and Development (OECD).

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