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Australian family business

December 13, 2017

One of Australia’s most prominent business families is to sell down its stake in the iconic mall operator they grew from the Western suburbs of Sydney to 35 sites across the US and Europe.

One of Australia’s most prominent business families is to sell down its stake in the iconic mall operator they grew from the Western suburbs of Sydney to 35 sites across the US and Europe.

Founder Frank Lowy, 87, and his family have agreed to sell most of its stake in Westfield Corporation in a $16 billion deal with French retail giant Unibail-Rodamco – Australia’s largest ever takeover.

January 12, 2017

Australian philanthropist James Fairfax, who went from chairman of the eponymous media company to one of the country’s greatest art collectors, has passed away at his home in Bowral. He was 83.

Australian philanthropist James Fairfax, who went from chairman of the eponymous media company to one of the country’s greatest art collectors, has passed away at his home in Bowral. He was 83.

The second child of Sir Warwick Oswald Fairfax rose to prominence after he succeeded his father as chairman of John Fairfax & Sons in 1977, and subsequently led the group as it diversified into television, magazines and regional publications.

June 17, 2016

Australian casino firm Crown Resorts plans to spin-off its international investments, including its underperforming AUD$2.7 billion ($2 billion) interests in the Chinese gaming capital Macau, into a separate listed company.

Australian casino firm Crown Resorts plans to spin-off its international investments, including its underperforming AUD$2.7 billion ($2 billion) interests in the Chinese gaming capital Macau, into a separate listed company.

Former chairman James Packer, son of the late media mogul Kerry Packer, remains the majority controller of Crown Resorts with a 53% stake.

May 14, 2015

It is the family behind some of Australia’s oldest and most recognised media brands, including titles many of us see and read every day, but its members are rarely in the news themselves.

It is the family behind some of Australia’s oldest and most recognised media brands, including titles many of us see and read every day, but its members are rarely in the news themselves.

April 17, 2015

Shares in family-controlled Australian business Seven Group Holdings dropped over 5% on the news second-gen Ryan Stokes would be taking over as chief executive and managing director in August.

Shares in family-controlled Australian business Seven Group Holdings dropped over 5% on the news second-gen Ryan Stokes would be taking over as chief executive and managing director in August.

Existing non-family executive Don Voelte had been part of the holding group for seven years, and chief executive since 2013, but said he wanted to dedicate more time to his family in the US.

Seven Group has interests in the media, mining and construction industries, and last year had revenues of AU$3.1 billion.

April 10, 2015

Lino Saputo Jr has big plans for the Australian dairy industry, with the $134 million acquisition last month of Victoria’s Lion Dairy group -- the maker of Coon, Cracker Barrel and other well-known local cheese brands -- likely to be just another small step in his family’s overall growth strategy.

Lino Saputo Jr has big plans for the Australian dairy industry, with the $134 million acquisition last month of Victoria’s Lion Dairy group -- the maker of Coon, Cracker Barrel and other well-known local cheese brands -- likely to be just another small step in his family’s overall growth strategy.

March 18, 2015

From packaging to mining, to shopping mall empires and travel – CampdenFB takes a look at some of Australia's most impressive family businesses.

From packaging to mining, to shopping mall empires and travel – CampdenFB takes a look at some of Australia's most impressive family businesses.

May 14, 2014

A second-generation Australian family business has described a deal with the largest food manufacturer in Britain as a “game changer” in its international expansion strategy.

A second-generation Australian family business has described a deal with the largest food manufacturer in Britain as a “game changer” in its international expansion strategy.

Menora Foods, headquartered in Melbourne, has secured a marketing and distribution deal with Premier Foods to distribute its Peckish range of rice crackers, to a market three times the size of Australia.

May 14, 2014

Originally a plumbing and bathroom supplier, Reece, helmed for almost half a century by the intensely private Wilson family, has expanded into irrigation, gas and refrigeration, and has snapped up a number of its Australian and Kiwi rivals.

Originally a plumbing and bathroom supplier, Reece, helmed for almost half a century by the intensely private Wilson family, has expanded into irrigation, gas and refrigeration, and has snapped up a number of its Australian and Kiwi rivals.

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