Danone

FB Roundup: Wanda Group, Danone, and Hobby Lobby

July 12, 2017

Billionaire Wang Jianlin to sell hotels and tourism properties; Danone sheds US dairy business to competitor; and Hobby Lobby fined for smuggling Iraqi artefacts

Billionaire Wang Jianlin to sell hotels, tourism properties

China’s second wealthiest man will sell some of his multi-billion dollar property portfolio to a competitor, as a means of paying down debt.

Wanda Group, led by billionaire Wang Jianlin, will sell 76 hotels and a 91% share in 13 tourism properties to Sunac Holdings for ¥63.17 billion ($9.29 billion).

Schwass and Smit: Leverage family branding for competitive advantage

April 30, 2010

Family business brands are racing into the top ranks of the best global brands. According to the Interbrand Global Brands 2009, 26 of the top 100 were family businesses, of which 20 had moved up in the rankings from the previous year

Finally facing their waterloo?

March 1, 2006

Behind the dazzling smiles of Lakshmi Mittal and his heir apparent Aditya is a grim determination to become the biggest steel producer in the world. Whether Arcelor and the French business community are to be persuaded has yet to be seen. Melanie Stern reports

Melanie Stern is section editor of Families in Business.