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Family Business

August 16, 2018

Redstone locks in CBS ownership, Samsung ramps up R&D spend, and Indian heir arrested over fraud allegations

Redstone locks in CBS ownership

Billionaire Sumner Redstone will make it difficult for his heirs to sell off media giants CBS and Redstone following his death.

The Redstone family’s National Amusements media group holds 79.8% of Viacom’s voting stock (about 10% of the equity) and 79.5% of the voting stock and 2.4% of the Class B stock of CBS Corporation (9.1% of the equity).

August 16, 2018

Ahead of the concours season of supercars, hypercars and classic cars, CampdenFB asks Florian Seidl, founder and president of the independent collection manager Carficiando in Germany, for his thoughts on those dream machines as passion investments.

Ahead of the concours season of supercars, hypercars and classic cars, CampdenFB asks Florian Seidl, founder and president of the independent collection manager Carficiando in Germany, for his thoughts on those dream machines as passion investments.

What is the state of the classic car market at the moment?

In the last 10 years, the classic car market has been the strongest of all the alternative markets and it’s also true that in the last 12 to 16 months we have had a slightly downward or sideways market as well.

August 14, 2018

Family businesses account for more than two-thirds of UK businesses and many of these families have strong links with the European Union. The UK's exit from the EU could present them with significant risks, especially given that the regulatory framework that will govern the UK's future relationship with the EU is still unknown.

Family businesses account for more than two-thirds of UK businesses and many of these families have strong links with the European Union. The UK's exit from the EU could present them with significant risks, especially given that the regulatory framework that will govern the UK's future relationship with the EU is still unknown.

While nobody can foresee the economic outcome of Brexit, there are practical steps that family businesses can take to prepare for a future outside the EU.

August 10, 2018

Some family businesses in Poland have traditionally shied away from promoting their “family owned” status, for fear that private ownership is still viewed with animosity in the post-communist country—but this is changing.

Some family businesses in Poland have traditionally shied away from promoting their “family owned” status, for fear that private ownership is still viewed with animosity in the post-communist country.

But this is changing thanks to research showing that the Polish public are more inclined to trust family-owned companies—a trend reflected in much of the rest of the world.

August 9, 2018

A 29% fall in the number of non-domiciled taxpayers in the UK could be a symptom of ultra-high net worth families and investors seeking other places to base themselves.

A 29% fall in the number of non-domiciled taxpayers in the UK could be a symptom of ultra-high net worth families and investors looking to move elsewhere.

Statistics released at the end of July by HM Revenue & Customs (HMRC) show the number of so-called “non-doms” was 91,000 in the 2016/17 tax year, compared with 120,000 the year before.

August 8, 2018

Heineken strikes Chinese expansion deal, Continental splits its business, and Cargill bulks up on meat, animal feed

Heineken strikes Chinese expansion deal

Heineken has taken a $3.1 billion stake in the parent company of China’s largest brewery, China Resources Beer, heating up competition among Western brewers breaking into the largest emerging market.

Heineken, the world’s second largest brewer and 50% owned by the founding family, currently runs at a loss in China, and the new acquisition will give it access to strong distribution networks, and the chance to acquaint Chinese drinkers with its products.

August 6, 2018

Having a famous surname did not mean Pernod Ricard rolled out the red carpet for a young Alexandre Ricard. So why was being rejected by the world's second-largest premium spirits and wine company the best thing that could have happened? Peter Crush finds outs

Having a famous surname did not mean Pernod Ricard rolled out the red carpet for a young Alexandre Ricard. So why was being rejected by the world's second-largest premium spirits and wine company the best thing that could have happened? Peter Crush finds outs

August 3, 2018

The public perception that the wealthy “have it all” makes it far more difficult for them to seek help for mental health problems, an expert says.

The public perception that the wealthy “have it all” makes it far more difficult for them to seek help for mental health problems, an expert says.

August 2, 2018

Bacardi to eliminate one billion straws, Aldi banishes Australian icon, and South East Asian impact market picks up

Bacardi to eliminate one billion straws

Bacardi, the world’s largest privately held spirits group, is aiming to eliminate one billion plastic straws by 2020.

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