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March 1, 2018

Fiat Chrysler Automobiles (FCA) is the latest top 10 carmaker to say it will stop making diesel cars. 

Fiat Chrysler Automobiles (FCA) is to stop making diesel cars by 2022—the latest top 10 carmaker to call it quits on the controversial fuel.

The Italian carmaker that is controlled by Exor, the investment vehicle of the Agnelli family who have a 29% stake in FCA, said it would stop making diesel cars due to falling demand and spiralling regulatory costs, according to media reports.

December 28, 2016

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

Politically, 2016 has been a rollercoaster year with Britain voting to leave the European Union and Donald Trump becoming the world’s most powerful (family business) leader. Away from politics, in 2016 many family enterprises have been wrangling with the ever-present challenge of succession or exploring artificial intelligence, while we farewell Mars family patriarch Forrest E. Mars Jr. Take a look at the top 10 family business themes of 2016 as selected (in no particular order) by CampdenFB’s editorial team.

October 14, 2016

Sky investors vote against James Murdoch’s reappointment; América Móvil to invest $600m in Dominican Republic; and BMW and Toyota invest in data gathering company

Sky investors vote against James Murdoch’s reappointment

James Murdoch, the younger son of billionaire Rupert Murdoch, has suffered a shareholder backlash at Sky after more than half of the UK media company's independent shareholders voted against his reappointment as chairman.

October 7, 2016

Mars buys out Buffett to take 100% control of Wrigley; LVMH next-gen Alexandre Arnault helps steer RIMOWA acquisition; and Toyota’s personal robot 'Kirobo Mini' signals AI push

Mars buys out Buffett to take 100% control of Wrigley

Mars is to take full control of its Wrigley chewing gum business after Berkshire Hathaway sold its minority stake back to the world’s largest confectionary maker.

According to Reuters, Berkshire invested in Wrigley in 2008 when it acquired $2.1 billion of preferred stock and $4.4 billion of bonds in connection with privately held Mars' $23 billion purchase of the chewing gum maker. 

September 29, 2016

AB InBev-SAB Miller deal approved by shareholders; Puig to buy stake in Brazil's Granado; and Toyota develops a new technology to improve agri production

AB InBev-SAB Miller deal approved by shareholders

Family-controlled brewer AB InBev won approval for its $100 billion-plus takeover of rival SABMiller, paving the way for the third-largest merger in corporate history.

Shareholders from both companies voted overwhelmingly in favour of the acquisition. The new combined company will posses an estimated 46% of global beer profits and 27% of global volume.

September 1, 2016

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

Family business Toyota shot up almost one-third in its brand portfolio value to $55.3 billion this year, in the latest annual evaluation of the world’s most powerful brands.

The Japanese company owned by the Toyoda family grew by 30% to become the fifth fastest growing portfolio of brands, according to branded business valuation and strategy consultancy Brand Finance.

July 21, 2016

Five of the world’s largest family businesses in the top 20 of the new Fortune Global 500 have seen their combined revenues slump by more than $74.5 billion compared to last year.

Five of the world’s largest family businesses in the top 20 of the new Fortune Global 500 have seen their combined revenues slump by more than $74.5 billion compared to last year.

The 2015 fiscal year impacted the bottom lines of Volkswagen, Toyota Motor, Samsung Electronics, and EXOR Group by almost 6% with not even Walmart, controlled by the Walton family, immune from sales falling for the first time, Fortune reported.

Berkshire Hathaway was the exception to the rule, with revenue up by more than 7%.

November 27, 2015

Camargo sisters sell maker of Havaianas sandals; Toyota global leader in car sales; and Tod’s acquires Roger Vivier for $441 million

Camargo sisters sell maker of Havaianas sandals

Brazilian engineering company Camargo Corrêa, controlled by the billionaire Carmargo sisters, has revealed it is selling the maker of Havaianas flip-flops to J&F Investimentos SA for 2.7 billion reais ($718 million).

May 8, 2015

Holcim and Lafarge sell assets to win US backing; Esther Koplowitz secures stake in FCC; and Toyota posts record profit

Holcim and Lafarge sell assets to win US backing

Swiss family-owned cement maker Holcim and French counterpart Lafarage have agreed to sell several plants and terminals in the US and Canada, setting the stage for their impending merger.

The sale of assets in the US and Canada will help the two firms win regulatory approval for the $46 billion merger, which will create the largest cement manufacturer in the world.

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