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Lifeway Foods

April 20, 2015

Whether its family members taking over top leadership positions, or businesses that have won awards for their employee engagement, we’ve got the leaders steering their family businesses in innovative and interesting directions 

Welcome to the Top 50 Family Business Leaders List 2015 – the fifth time CampdenFB has compiled its list of leading lights.

April 10, 2015

Hyundai Motor vows to improve corporate governance; Bollore boosts stake in Vivendi; and James Dyson to acquire son’s lighting company

Hyundai Motor vows to improve corporate governance

South Korea’s largest automaker Hyundai Motor Co will consider a shareholder request to improve corporate governance, according to co-chief executive Kim Choong Ho.

The proposal comes shortly after Hyundai paid more than $10 billion for a piece of real estate in Seoul’s affluent Gangnam district, which caused share prices to drop and rekindled the debate around opaque decision making.

April 2, 2015

Benetton family sells stake in World Duty Free; Family-backed Antofagasta and Teck Resources in merger talks; and Gehl Foods sold to Chicago-based firm

Benetton family sells stake in World Duty Free

Edizone, the family office behind Italy’s Benneton family, said on Monday that it has sold its 50.1% stake in World Duty Free to Swiss competitor Dufry.

According to a company statement, the deal values the group at €3.6 billion ($3.8 billion) and will make the combined group the world's largest travel retailer.

Dufry reportedly paid €10.25 per share.

March 26, 2015

Merck deputy chief Oschmann to become CEO; China National Chemical Corp to buy Pirelli for $7.7 billion; and Airbus sells stake in Dassault Aviation

Merck deputy chief Oschmann to become CEO

German pharmaceutical company Merck, 70% owned by the eponymous founding family, will promote deputy chief executive Stefan Oschmann to the top job next year, according to Manger Magazin.

The 57-year-old will reportedly take on the new role after the group’s annual shareholder meeting in 2016, when current CEO Karl-Ludwig Kley’s current contract expires.

March 19, 2015

Agnelli family to sell Cushman and Wakefield; Lifeway Foods posts 8% rise in 2014 profit; and Spain’s Inditex introduces profit share plan

Agnelli family to sell Cushman and Wakefield

New York-based real estate firm Cushman & Wakefield, owned and controlled by Italy’s Agnelli family, has been put up for sale and is expected to fetch $2 billion.

The deal is thought to be part of a capital raise so the Agnelli family can make further acquisitions in the automotive industry.

According to Bloomberg, Chinese conglomerate Fosun International is also among several companies considering a bid for the 98-year-old company.

January 23, 2015

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

2014 was a lively year for family businesses, from Abigail Johnson’s succession at Fidelity, to the Market Basket ownership struggle and of course Korean Air’s infamous ‘nut rage’ incident. Here we take a look at some of the issues we think will remain top-of-mind for 2015 and the family businesses to watch.

1: Shareholder revolts

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