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January 29, 2021

Family distanced in revamped Ferragamo board amid slumping revenues, Rupert Murdoch ‘far from done’ at News Corp and warns of woke censorship, Crisis strategy helps H&M recover from lockdowns.

Family distanced in revamped Ferragamo board amid slumping revenues

The Ferragamo family is expected to streamline the management board of its luxury goods brand as it attempts to rally from the coronavirus impact on its global revenues.

FB Roundup: Exor, L’Oreal, Bahlsen

September 25, 2020

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler; e-commerce, Chinese and comfort sales cushion L’Oreal against the coronavirus, heiress Verena Bahlsen leads her family business to innovation and social responsibility.

Agnelli family’s Exor deals risk with GEDI but reward with Fiat Chrysler

The completion of the Agnelli family’s €104.2 million ($121 million) buy back of control of GEDI from the De Benedetti family came at a fortuitous time as Italy’s largest editorial group suffers in the first half of the year of the coronavirus.

Zoom time: What family offices should consider when investing in Technology, Media and Telecommunications

September 15, 2020

Family offices have always searched for investing across a range of different asset classes. With the technological march, accelerated by the Covid-19 pandemic, the TMT (Technology, Media and Telecommunications) sector is looking even more attractive than before.

Why TMT over other sectors?

FB Roundup: Shun Tak Holdings, News Corp, Exor

June 1, 2020

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho, coronavirus crumbles Murdoch’s media empire foundations, John Elkann of the Agnelli dynasty shares Exor’s Covid-19 strategy.

Daughter Pansy Ho succeeds Macau casino kingpin Stanley Ho

Stanley Ho, the flamboyant patriarch who transformed Macau from a Portuguese outpost into the world’s gambling capital, has died at the age of 98, leaving his daughter Pansy Ho as the heir apparent.

How family businesses are using social media to engage the world in coronavirus lockdown

May 1, 2020

Family businesses are overcoming global coronavirus lockdowns by using innovative digital strategies to reassure audiences, update customers, share healthcare advice and pay tribute to their workforce.

FB Roundup: James Murdoch, Musgrave Group and Henkel

January 16, 2020

Next gen James Murdoch’s burning rift with father’s media empire, revamped Musgrave Group snaps up drinks distributor and the World Economic Forum hails Henkel as frontrunner in the fourth industrial revolution.

Next gen James Murdoch’s burning rift with father’s media empire

James Murdoch, heir of Rupert Murdoch, has publicly criticised his family’s media empire for climate change denial as lethal bushfires blaze in Australia.

De Benedetti family sells Italy’s biggest media group GEDI to Agnelli family

December 6, 2019

John Elkann, heir to the Agnelli industrial dynasty, says his family’s $113 million deal with the De Benedetti family’s media empire will future proof the publisher of Italy’s La Repubblica and La Stampa newspapers.

FB Roundup: Sumner Redstone, Samsung, and Bhushan Steel

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).

FB Roundup: CMA CGM, Koch brothers, and Bharti family

November 30, 2017

CMA completes father-son transition, Koch brothers in controversial takeover, and Bharti family donate 10% of wealth

CMA completes father-son transition

Rodolphe Saadé has taken over as chairman of container shipping firm CMA CGM, the business which his father founded and which made his family billionaires.

Lebanese-French businessman Jacques Saadé founded CMA container shipping in Marseille in 1978, later acquiring logistics company CGM. The Saadé family, worth an estimated $1.86 billion according to Forbes, own 75% of CMA CGM.

FB Roundup: Comcast, top chief executives, and McCain

November 17, 2017

Family-backed bidders court 21st Century Fox; ESG focus puts Inditex CE on top; and 60 years and billions of potatoes

Family-backed bidders court 21st Century Fox

A number of family and non-family backed media companies have been linked with the potential acquisition of parts of 21st Century Fox, as rumours swirl around the potential break-up of the Murdoch family’s media empire.