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October 23, 2020

Forrest mining family office Tattarang diversifies into apparel brand RM Williams, Ferragamo family denies minority stake sale claim, Louis Vuitton and Christian Dior power LVMH rebound.

Forrest mining family diversifies into apparel brand RM Williams

Andrew Forrest, the Australian mining magnate and family office principal, says he is “incredibly proud and humbled” to return a former family business to Australian ownership in a $135 million acquisition indirectly from the French family-owned luxury giant LVMH.

January 16, 2015

Li Ka-shing restructures business empire, shares soar; Samsung crushes rumours of $7.5 billion Blackberry bid

Li Ka-shing restructures business empire, shares soar

Share prices at Hong Kong-based conglomerate Hutchinson Whampoa and property giant Cheung Kong Holdings rose dramatically on Monday following reports of a multi-billion dollar corporate restructure by owner Li Ka-Shing.

As a result, Cheung Kong's shares were up in Hong Kong as much as 14% in afternoon trading on Monday, while Hutchison Whampoa's shares surged more than 12%. 

December 2, 2011

The family behind Thomson Reuters, the financial news and information provider, looks to be tightening control of the business by appointing a Thomson group veteran as its chief executive.

The family behind Thomson Reuters, the financial news and information provider, looks to be tightening control of the business by appointing a Thomson group veteran as its chief executive.

Non-family Jim Smith, currently chief operating officer, will replace Tom Glocer as chief executive on 1 January, the group said in a statement.

July 1, 2007

This summer has proven to be an exciting time with the creation of a major media
powerhouse. The $17 billion merger between family-owned Thomson Financial and Reuters is set to shake up the financial news sector, as Shahnaz Mahmud explains …

Shahnaz Mahmud is a freelance journalist based in the US.

This summer has proven to be an exciting time with the creation of a major media powerhouse. The $17 billion merger between family-owned Thomson Financial and Reuters is set to shake up the financial news sector, as Shahnaz Mahmud explains …

January 1, 2004

I’ve been planning my retirement for some 15 years. I keep a sharp eye on my pension schemes and investments, and quietly rejoice that I never sunk my hard-earned cash into IT companies – firms that rode a tsunami of venture capital in the late 1990s only to come crashing down as the dot-com boom soured.

I've been planning my retirement for some 15 years. I keep a sharp eye on my pension schemes and investments, and quietly rejoice that I never sunk my hard-earned cash into IT companies – firms that rode a tsunami of venture capital in the late 1990s only to come crashing down as the dot-com boom soured. I've stuck to diamond mines, mutual funds and property, after all, there's nothing wrong with hedging your bets.

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