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June 20, 2018

Missoni eyes international expansion, Heineken invests in the Great British Pub, and Alexa checks into Marriott.

Missoni eyes international expansion

The Missoni family have sold a 41.2% stake in their eponymous fashion house to Italian private equity firm FSI, a move the family say will make them more competitive internationally.

The stake was valued at €70 million ($93 million), and the companies said in a statement it would involve a capital increase and no leverage against Italy’s Missoni. The family retains majority control.

June 19, 2018

Third-generation Mohammed “Mo” Dewji transformed his father’s modest trading company into MeTL Group, a conglomerate aiming to become a $5 billion cornerstone of the African economy. The Wall Street rookie turned Giving Pledge philanthropist tells Mfonobong Nsehe what powers his ambition, why China can’t compete, and how his close family balances work and life

Third-generation Mohammed “Mo” Dewji transformed his father’s modest trading company into MeTL Group, a conglomerate aiming to become a $5 billion cornerstone of the African economy.  The Wall Street rookie turned Giving Pledge philanthropist tells Mfonobong Nsehe what powers his ambition, why China can’t compete, and how his close family balances work and life

June 18, 2018

John Chase and Brittany Damora, Schillings’ extortion, blackmail and kidnap for ransom specialists, set out the scope of the threat and what steps family offices and family businesses need to take when faced with this type of critical risk scenario

John Chase and Brittany Damora, Schillings’ extortion, blackmail and kidnap for ransom specialists, set out the scope of the threat and what steps family offices and family businesses need to take when faced with this type of critical risk scenario

It’s all about the money

June 15, 2018

The Irish family that claimed this year’s leading prize at the CampdenFB European Families in Business Awards paid tribute to the “fantastic families” who shared their “best in class” stories on the stage.

The Irish family that claimed this year’s leading prize at the CampdenFB European Families in Business Awards paid tribute to the “fantastic families” who shared their “best in class” stories on the stage.

The Musgrave Group capped three consecutive years of profit growth, up 9% year-on-year before tax to €80 million ($96 million), by winning the Top Family Business Award at the gala ceremony in Madrid this week.

June 14, 2018

Comcast bids $65 billion for chunk of Murdoch empire, Mars on a pet care spend up, and IKEA takes India

Comcast bids $65 billion for chunk of Murdoch empire

Comcast has offered $65 billion to buy the majority of 21st Century Fox’s business, in what would be the largest-ever cash deal.

The Roberts family own 33% of Comcast’s voting stock, and 1% of its common stock, while 21st Century Fox (21CF) is controlled by the Murdoch family, who own 39% of the voting stock and 17% of the equity.

June 13, 2018

Toyota has made a billion-dollar investment into the ride-sharing service Grab, in line with chief executive Akio Toyoda’s belief that car-makers need to expand into other areas to survive.

Toyota has made a billion-dollar investment into the ride-sharing service Grab, in line with chief executive Akio Toyoda’s belief that car-makers need to expand into other areas to survive.

It is the biggest investment by a car-maker into ride sharing so far, as the companies invest in various technology firms as a way of coping with the rise of autonomous vehicles and the sharing economy.

June 13, 2018

Ireland’s Musgrave Group has taken out the top honour at the seventh European Families in Business Awards, presented in Madrid on 12 June.

Ireland’s Musgrave Group has taken out the top honour at the seventh European Families in Business Awards, presented in Madrid on 12 June.

The food retail and wholesale company, whose brands include SuperValu, Centra and Daybreak, impressed the judges with its cutting-edge governance structure, and commitment to sustainability and customer well-being.

June 12, 2018

The decimation of the environment is one of the most pressing issues facing humanity. But why is so little charitable giving directed towards it? Alexandra Newlove spoke to some of the powerhouses in environmental philanthropy about why donating to other causes may be a waste of time

The decimation of the environment is one of the most pressing issues facing humanity. But why is so little charitable giving directed towards it? Alexandra Newlove spoke to some of the powerhouses in environmental philanthropy about why donating to other causes may be a waste of time

June 11, 2018

Whether one owns art for pleasure or as an investment, the volume of administration related to managing a collection is the same.

Whether one owns art for pleasure or as an investment, the volume of administration related to managing a collection is the same: initial due diligence, lending to museums, maintaining an inventory, transport, storage, insurance, valuations, the structure through which the collection is owned, cataloguing, strategic planning for the future (including inheritance planning), and more.

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