Vimeo
LinkedIn
Instagram
Share |

Pritzker family

December 13, 2013

The Duchossois Group, owned by the eponymous US-based family, has this week revealed it has sold it audiovisual company, Milestone AV Technologies, to a group owned by the Pritzker family.

The Duchossois Group, owned by the eponymous US-based family, has this week revealed it has sold it audiovisual company, Milestone AV Technologies, to a group owned by the Pritzker family.

Milestone was sold for an undisclosed sum, and the Duchossois Group will keep a significant interest in the business, with representatives on the board of directors.

October 11, 2013

The family office of Hyatt heiress Karen Pritzker, and her husband Michael Vlock – in conjunction with real estate firm Colony Capital – has invested $50 million (€36.8 million) in an initiative to transform Southern Californian residential housing.

The family office of Hyatt heiress Karen Pritzker, and her husband Michael Vlock – in conjunction with real estate firm Colony Capital – has invested $50 million (€36.8 million) in an initiative to transform Southern Californian residential housing.

In partnership with American Coastal Properties the scheme will take dated homes in up-and-coming neighbourhoods in San Diego, Orange County and Los Angeles and spend 50 to 100% of the purchase price on renovations.

August 28, 2013

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil backs sweetened Telefonica deal, Charoen Sirivadhanabhakdi looks to reduce debt with IPO, Pritzker Organization takes timber services company private, Maple Leaf Foods sells biodiesel and rendering business, and the Bettencourts rule out a L'Oreal sale.

America Movil
Telefonica has received the support of Dutch telecommunications company KPN’s biggest investor, America Movil, to acquire its German mobile unit E-Plus.

October 31, 2011

Robert Pritzker, the businessman who co-founded the Marmon Group and the patriarch of one of the richest families in the world, died on 27 October at the age of 85.

Robert Pritzker, the businessman who co-founded the Marmon Group and the patriarch of one of the richest families in the world, died on 27 October at the age of 85.

Pritzker died of Parkinson’s disease in a nursing facility in Chicago, his assistant Becky Spooner said in a statement.

Today, the Pritzkers are one of the world’s wealthiest families, with 11 members on the 2011 Forbes 400 list of the richest Americans.

May 18, 2011

The controlling family behind Hyatt Hotels Corporation plans to sell nine million of their Class B voting shares back to the company, the group said in a statement on 16 May.

The controlling family behind Hyatt Hotels Corporation plans to sell nine million of their Class B voting shares back to the company, the group said in a statement on 16 May.

The Pritzker family, which holds around 80% of the Class B stock (over 100 million shares) through a number of family trusts, will sell nine million shares for $395.7 million. The deal is expected to close this month and accounts for around 6.9% of the company’s overall Class B shares.

August 24, 2010

Hyatt Hotels Corporation, controlled by the Pritzker family, has hit the headlines again for its corporate governance practices after it was revealed that Penny Pritzker was no longer considered an independent director of the group.

Hyatt Hotels Corporation, controlled by the Pritzker family, has hit the headlines again for its corporate governance practices after it was revealed that Penny Pritzker was no longer considered an independent director of the group.
 
A report in the Wall Street Journal revealed the move and it comes after the Chicago-based hotel group has come under pressure to tighten its corporate governance.
 

June 8, 2010

John Pritzker, the son of the founder of the Hyatt hotel chain, announced yesterday he has agreed to purchase a majority share in boutique hotel company Joie De Vivre Hospitality Inc.

John Pritzker, the son of the founder of the Hyatt hotel chain, announced yesterday he has agreed to purchase a majority share in boutique hotel company Joie De Vivre Hospitality Inc.

Geolo Capital, the private equity investment arm of John Pritzker and his family, will take a majority share in the US-based hotel company, while Pritzker will become chairman. Neither side disclosed the financial details of the transaction.
 

November 6, 2009

Hyatt Hotels Corporation, the Hotel empire controlled by the Pritzker family, announced last night it has raised $950 million from its initial public offering on the New York Stock Exchange.

Hyatt Hotels Corporation, the Hotel empire controlled by the Pritzker family, announced last night it has raised $950 million from its initial public offering on the New York Stock Exchange.

It is the second-largest IPO this year, topped only by the 7 October listing of a branch of another family business, Banco Santander. In a statement released yesterday the non-family CEO Mark Hoplamazian called the first day of trading a "success".

October 22, 2009

The Pritzker family first announced its intention to take Hyatt hotels public in August. However, some amendments to the IPO filing made last week have provoked debate about the control the family wields over the business, writes Katie Barker

The Pritzker family first announced its intention to take Hyatt hotels public in August. However, some amendments to the IPO filing made last week have provoked debate about the control the family wields over the business, writes Katie Barker

One specific amendment, which has attracted much publicity, lists family disagreements as a potential risk to those considering buying shares in Hyatt.

Click here >>
Close