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...Another creditor said they had repeatedly sought clarity on huge money flows from Signa Development to other Signa Group entities, as well as entities controlled by Benko’s private family foundation, but...
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...that had been owned by the family since 2004....
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...People familiar with the group’s plans said Douglas was seeking a valuation of about €6bn, which would be Frankfurt’s largest IPO since Porsche’s blockbuster listing in 2022....
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...the Kreke family....
...by the Barclay family....
...However, at an extraordinary meeting in Frankfurt on Wednesday, clubs voted not to proceed with the investment negotiations....
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...The Wolfsburg-based group was one of the first western companies to enter China in the late 1970s and makes roughly half of its profits in the country....
...culture” and traditional family values....
...The Barclay family is trying to buy back the company and have turned to investors in the Middle East for help to regain control....
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...The German media reports alleged that employees at BASF’s joint venture partner, Xinjiang Markor Chemical Industry, had carried out “home visits” to Uyghur families to gather evidence that would be passed...
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...No family is more exposed to the car suppliers’ race to transition than that of Maria-Elisabeth Schaeffler and her son Georg, who chairs the Schaeffler company’s supervisory board....
...family’s 100-acre Durslade Farm....
...William Cook, a family-owned British manufacturer, has seen revenues in its defence business jump 20 per cent from 2022 to 2023 thanks to a UK government contract to supply replacement tracks to Ukraine...
...Robert Mangold, head of the Tiger & Palmen Group, which owns a handful of restaurants in Frankfurt, said: “There will be closures, particularly in rural areas.”...
...JSW, a family-owned conglomerate, and other Indian partners will own 51 per cent of the joint venture, which will be called JSW MG Motor India....
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