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February 22, 2019

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

Trussardi is the latest Italian family-owned heritage brand to accept a buy-out following a €50 million deal with an asset management firm that targets struggling businesses.

The 108-year-old fashion house said the injection from QuattroR would underwrite its five-year international development plan. The plan was agreed with Tomaso Trussardi, the third-generation chief executive who will act as chairman of the new entity.

February 21, 2019

Millennials in the board room are best placed to embrace the digital revolution at their legacy family businesses, a family business expert says.

Millennials in the board room are best placed to embrace the digital revolution at their legacy family businesses, a family business expert says.

The world’s far-reaching technological shift was a factor in the break-up of the 115-year-old Danish family-owned business Maersk, according to Professor Philippe Pelé-Clamour (pictured), HEC Paris adjunct professor specialised in executive education.

September 15, 2010

Canada's second-largest family empire is reeling from the unexpected and simultaneous loss of two key family members. How the Irvings respond to these events will impact their succession process, writes Jennifer East

Canada's second-largest family empire is reeling from the unexpected and simultaneous loss of two key family members. How the Irvings respond to these events will have a significant impact on their complex succession process, writes Jennifer East.

January 29, 2010

The Schnitzer family, which has controlled the US-based Schnitzer Steel Industries since 1906, has dropped below the 20% stock ownership level required to keep control of the company.

The Schnitzer family, which has controlled the US-based Schnitzer Steel Industries since 1906, has dropped below the 20% stock ownership level required to keep control of the company.

A family spokesman told a local Oregon newspaper that the family's reasons for selling included "financial planning, estate planning, funding other investments."
 

September 1, 2005

Bill Ford inherited the mantle created by his great-grandfather Henry. His ability to protect and promote this precious legacy has been tested to the enth degree. He tells Scott McCulloch how he salvaged an ailing firm and why he values the workforce

Bill Ford inherited the mantle created by his great-grandfather Henry. His ability to protect and promote this precious legacy has been tested to the enth degree. He tells Scott McCulloch how he salvaged an ailing firm and why he values the workforce

Bill Ford doesn't see the carmaker that bears his surname as a family business but as a public company that retains the best attributes of a family business. As CEO of the world's second biggest carmaker, Ford says he's working for his children, his grandchildren, and the children of his employees.
 

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