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July 3, 2012

Casino, the French retail giant, took over two family-controlled grocery chains in recent weeks, while Mexican family business Grupo Modelo was sold and billionaire Carlos Slim bought shares in two European telecommunications companies.

Casino, the French retail giant, took over two family-controlled grocery chains in recent weeks, while Mexican family business Grupo Modelo was sold and billionaire Carlos Slim bought shares in two European telecommunications companies.

January 26, 2011

Stanley Ho, the Hong Kong and Macau-based casino king, has often been a controversial figure during his long career as one of East Asia’s better-known entrepreneurs.

Stanley Ho, the Hong Kong and Macau-based casino king, has often been a controversial figure during his long career as one of East Asia's better-known entrepreneurs.

According to some sources, the casino and property entrepreneur has allegedly been linked to the Chinese organised crime group, the Triads, and allegedly collaborated with the Japanese during World War II.

Not the sort of background – it might be felt – you would want hung out for wider scrutiny.

January 25, 2011

Macao casino billionaire Stanley Ho has accused his family of stealing his shares in SJM Holdings without his consent, raising debate about who would succeed Ho in the billion-dollar business.

Macao casino billionaire Stanley Ho has accused his family of stealing his shares in SJM Holdings without his consent, raising debate about who would succeed Ho in the billion-dollar business.

A filing with the Hong Kong stock exchange reveals that Ho's shares in the holding company have been divided between his wives and children. Ho, chairman of SJM, said through his lawyer that he had not authorised this transfer of shares to his family.

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