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Web Exclusives

May 15, 2008

Representatives from private equity groups Thomas H Lee and Bain Capital Partners, as well as the bank group, give their view on the settlement.

The May's family-run media company Clear Channel Communications has reached a settlement with the banks it sued in March for hindering its proposed merger with CC Media Holdings, the new corporation sponsored by private equity groups Thomas H Lee and Bain Capital Partners (click here to read the story in full).

Below, representatives from these parties give their view on the settlement.

April 29, 2008

Franz M Haniel comments on leading one of Europe’s largest, privately owned family businesses

The company was founded in Ruhrort 1756 by Jan Willem Noot and began as a small storage business. His daughter and her husband, Jacob Haniel, took on the business after his death and began transporting goods around the country. Their youngest son, Franz Haniel, joined the business, renamed it and became the main driving force. Alongside his brother, Gerhard, Franz made the company active in twice as many businesses, including merchant shipping. Franz Haniel expanded the family enterprise on many levels.

April 28, 2008

As a result of Wrigley's merger with Mars, Bill Wrigley, Jr. sent an email to all Wrigley associates worldwide.

As a result of Wrigley's merger with Mars Inc (click here to read the full story), Bill Wrigley, Jr
sent the following email to all Wrigley associates worldwide:

Dear Wrigley Associates,

March 1, 2008

Families in Business chaired a roundtable discussion at the Family Business Conference in Miami to find how businesses in Latin America are tackling globalisation

Families in Business chaired a roundtable discussion at the Family Business Conference in Miami to find how businesses in Latin America are tackling globalisation (click here to read more). Families also spoke of the strategic plans that their businesses have developed in order to keep up with the global market, as well as their hopes and plans for the future.

March 1, 2008

Virgin Galactic, the first private company to successfully send a human into space, is leading the field because it has re-written the rules of spaceship design.

The next destination for people who have exhausted earth's four corners is space (click here to read more). Virgin Galactic, the first private company to successfully send a human into space, is leading the field because it has re-written the rules of spaceship design. Designer Burt Rutan's craft has three main features that make it unique.
 

March 1, 2008

Yuelin Yang is managing director (Strategic Projects) and general counsel of Singapore-based shipping and industrial group IMC Corp. He has worked on many private equity deals and joint ventures with other family firms and corporates for the family firm since joining in 1995 and offers some advice for other family businesses.

Yuelin Yang is managing director (Strategic Projects) and general counsel of Singapore-based shipping and industrial group IMC Corp (click here to read more). He has worked on many private equity deals and joint ventures with other family firms and corporates for the family firm since joining in 1995 and offers some advice for other family businesses.

January 1, 2008

Usha Martin Group is a diversified entity active in mining, steel production, and the manufacture of wire ropes. But as Prashant Jhawar, vice chairman of UMG, explains, the family’s ownership of a regional newspaper has also been vital for the business…

Usha Martin Group is a diversified entity active in mining, steel production, and the manufacture of wire ropes (click here to read more). But as Prashant Jhawar, vice chairman of UMG, explains, the family's ownership of a regional newspaper has also been vital for the business…

January 1, 2008

As John Wiley & Sons celebrates its bicentennial, Peter Wiley gives us an insight into the business and what has made it last so long.

As John Wiley & Sons celebrates its bicentennial (click here to read more), Peter Wiley gives an insight into the family's role in setting the corporate governance agenda.


FiB: How would you describe your role in the business today?

January 1, 2008

Asked what advice he would offer other family offices interested in marketing a hedge fund product, Fred Fruitman makes several important points.

Fred Fruitman is managing director at Loeb Partners, the investment arm of the Loeb family, which today manages its own hedge fund. Click here to read about families who have set up their own hedge funds. Asked by Michael Fischer what advice he would offer other family offices interested in marketing a hedge fund product, Fruitman makes several important points…

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