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August 22, 2013

America Movil secures funding for KPN, Rupert Murdoch invests in alternative media group, Boehringer Ingelheim breaks ground on animal pharmaceuticals plant in China, and Hutcinson Whampoa receives preliminary bids for supermarket chain.

America Movil secures funding for KPN, Rupert Murdoch invests in alternative media group, Boehringer Ingelheim breaks ground on animal pharmaceuticals plant in China, and Hutcinson Whampoa receives preliminary bids for supermarket chain.

America Movil
America Movil said it had secured funding for a €7.2 billion bid to further its stake in Dutch telecom company Royal KPN.

August 19, 2013

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

British pharmaceutical company leaves founding family’s hands, Carlos Slim launches new satellite, L’Oreal bids for Chinese business, and James Packer has high hopes for his gambling empire’s expansion into Japan.

August 15, 2013

Malaysia’s Berjaya Group takes next step in the listing of its 7-Eleven franchise, NewsCorp invests in online sports videos and Bestseller next-gen invests in online fashion brand.

Malaysia’s Berjaya Group takes next step in the listing of its 7-Eleven franchise, NewsCorp invests in online sports videos and Bestseller next-gen invests in online fashion brand.

Berjaya Group
Family-controlled Berjaya Group has appointed UBS and Maybank Investment Bank, among others, to manage an initial public offering of its 7-Eleven convenience-store franchise.

August 12, 2013

Wal-Mart mulls buyout of one of several family-owned supermarkets in Kenya; and America Movil moves to buy remaining shares in Royal KPN.

Wal-Mart mulls buyout of one of several family-owned supermarkets in Kenya; and America Movil moves to buy remaining shares in Royal KPN.

Massmart
South Africa’s Massmart Holdings, a unit of Wal-Mart, is considering the buyout of one of several family-owned retailers in Kenya, as it tries to make inroads into the African nation.

According to Nairobi-based newspaper Business Daily, Naivas, Tuskys and Nakumatt, the family-owned businesses that dominate the sector, are the main targets for the food and household-goods retailer.

August 9, 2013

American Greetings Corporation returns to full family ownership, Wal-Mart mulls bid for Hong Kong supermarket chain, and Indian family firm announces expansion plans.

American Greetings Corporation returns to full family ownership, Wal-Mart mulls bid for Hong Kong supermarket chain, and Indian family firm announces expansion plans.

American Greetings Corporation
American Greetings Corporation has returned to private ownership, following a $612 million (€458 million) buyout by the Weiss family – descendants of Jacob Sapirstein who founded the company in 1906.

July 26, 2013

Jindal family compete for Stemcor's assets, America Movil reluctant to give blessing to KPN deal, Rodale third-gen steps down as president.

Jindal family compete for Stemcor's assets, America Movil reluctant to give blessing to KPN deal, Rodale third-gen steps down as president.

Stemcor/ Jindal Group
Two companies from different branches of the family-controlled OP Jindal Group are tussling over the Indian assets of the Oppenheimer family's steel trading company Stemcor.

July 22, 2013

Hancock Prospecting edges closer to the opening of its new mine with extra capital, Hermes sees strong first-half results and Matalan heiress secures the future of a British fashion brand.

Hancock Prospecting edges closer to the opening of its new mine with extra capital, Hermes sees strong first-half results and Matalan heiress secures the future of a British fashion brand.

Hancock Prospecting 

July 12, 2013

Canadian valve maker Velan is investing heavily in Asia to drive growth, CFR aims to crack the African market and the Bakrie family finally get shot of their troublesome Bumi stake.

Canadian valve maker Velan is investing heavily in Asia to drive growth, CFR aims to crack the African market and the Bakrie family finally get shot of their troublesome Bumi stake.

Velan
Velan, the Montreal-based industrial valve manufacturer, has announced it is planning to invest heavily in Asia to further its aim of becoming the world's leading high-tech valve producer.

July 9, 2013

 LVMH has snapped up yet another Italian luxury brand, while America Movil spied potential in a UK-based app developer. 

LVMH has snapped up yet another Italian luxury brand, while America Movil spied potential in a UK-based app developer.

LVMH
LVMH has bought a controlling stake in sixth-generation Italian textile and clothing family business Loro Piana for €2 billion.

Loro Piana was founded at the beginning of the 19th century and specialises in cashmere and other rare wools – it has more than 130 boutiques across Europe, Asia and the US. 

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