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July 8, 2016

Lotte founder’s daughter arrested; Serge Dassault on trial for tax fraud; and Gretchen Carlson files sexual harassment suit against Fox News 

Lotte founder’s daughter arrested

Shin Young-ja, the chairwoman of the Lotte Scholarship Foundation, has been arrested over allegations she received bribes as prosecutors step up an investigation into the country’s fifth-largest business chaebol.

The 74-year-old daughter of Lotte founder Shin Kyuk-ho is accused of accepting bribes from the former chief of cosmetics brand Nature Republic in exchange for store space in Lotte’s duty-free outlets.

January 29, 2016

Third-gen Takata CEO and chairman forced to deny he is stepping down; Swedish family business H&M sees drop in gross profit margins; and James Murdoch returns as UK Sky chairman

Third-gen Takata CEO and chairman forced to deny he is stepping down

The third-generation CEO and chairman of Japanese family business Takata has had to confirm via the company that he will not be stepping down from the helm of the company in the midst of a product recall scandal.

The airbag maker is currently responsible for the largest auto recall in history, totaling 18 million vehicles since 2013 and attributed to at least 10 deaths. 

May 1, 2015

A pledge put forward in the Labour Party’s election manifesto has drawn ire from media baron Rupert Murdoch as it threatens to reduce his family’s control of British media.

A pledge put forward in the Labour Party’s election manifesto has drawn ire from media baron Rupert Murdoch as it threatens to reduce his family’s control of British media.

The ageing billionaire has reportedly told staff at his British newspapers that a Labour-led government may lead to the break up of their employer, and told journalists to give more positive coverage to the Conservative Party, which hasn’t published a media ownership policy.

August 7, 2014

Murdoch backs down on Time Warner, Bin Laden family buys Renaissance marble quarry, Faribault Foods sells just shy of centenary, Brady Corporation names new CEO 

Murdoch backs down on Time Warner, Bin Laden family buys Renaissance marble quarry, Faribault Foods sells just shy of centenary, Brady Corporation names new CEO

21st Century Fox withdraws bid for Time Warner

Rupert Murdoch’s 21st Century Fox has withdrawn its €59 billion bid to acquire Time Warner after the American multinational refused to engage with the deal. 

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 16, 2014

They may be a dysfunctional family from middle America, but The Simpsons have brought together two family business behemoths, 21st Century Fox and Lego, who have launched a new toy brick set.

They may be a dysfunctional family from middle America, but The Simpsons have brought together two family business behemoths, 21st Century Fox and Lego, who have launched a new toy brick set.

September 12, 2013

Charm, intimidation, decadence and bloody mindedness – the lives of Australia's great media moguls have the ingredients for a great drama, and have now been chronicled in a new television series.

Charm, intimidation, decadence and bloody mindedness – the lives of Australia's great media moguls have the ingredients for a great drama, and have now been chronicled in a new television series.

Power Games: The Packer-Murdoch story traces the intertwined histories of the two families over the crucial period between 1960 and 1972 when a young Rupert Murdoch was beginning to make his presence felt to the Packer family – the then incumbent rulers of the media landscape.

July 17, 2012

More and more family businesses are hiring outside chief executives. CampdenFB asks whether a family or non-family CEO is better.

Tempted to promote your son or daughter to the chief executive position? You shouldn’t, at least if you believe current research. Family-owned companies with a family member as chief executive are among the worst managed, says a 2012 international study. Another, by British academics at Leeds and Aberdeen Business Schools, found that a company’s operating performance increased after a family chief executive left. Yet another found the stock prices of listed family-controlled businesses reacted favourably to the appointment of a non-family chief.

May 10, 2012

Divorce can and has ruined family businesses. CampdenFB looks at what family enterprises should know about divorce – and how to ensure they don’t destroy the business.

It’s almost wedding season in North America and Europe, the time of the year when brides and grooms pray for good weather and promise to love each other for the rest of their days. This optimistic bunch obviously aren’t paying attention to the divorce statistics. But people with family businesses should.

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