Vimeo
LinkedIn
Instagram
Share |

Fiat

July 18, 2014

Murdoch merger rebuffed by Time Warner; Family-owned Fiat denies Volkswagen takeover bid and Bestway buy Co-op pharmacy in multi-million pound deal

Murdoch merger rebuffed by Time Warner

Rupert Murdoch’s 21st Century Fox has had an $80 billion (€59.1 billion) merger deal rejected by US rival Time Warner.

July 17, 2014

A fresh-faced CEO straight out of business school isn't always the person to inspire public and investor confidence, but circumstances sometimes force a young candidate into the top spot at a family firm.

Picking a chief executive for any family business is a tough task. It is especially problematic if the company is bent on keeping a family member in the top job. This was the conundrum Gianni Agnelli faced when trying to prepare an heir to take the wheel of his family’s iconic Italian car brand Fiat. Drug addiction in his only son and then stomach cancer in his nephew saw his pool of potential successors whittled down to his 21-year-old grandson John Elkann.

February 24, 2014

Fifth-generation family business Fiat is losing its image as an Italian company, according to an Italian business expert, as it expands globally and moves its tax affairs and company registration to other European countries.

Fifth-generation family business Fiat is losing its image as an Italian company, according to an Italian business expert, as it expands globally and moves its tax affairs and company registration to other European countries.

Founded by Giovanni Agnelli in 1899, the company is now headed by fifth-gen John Elkann, who confirmed this month that the carmaker was moving its tax domicile to the UK and registering its business in the Netherlands.

January 2, 2014

Italian family business Fiat has welcomed in the New Year by signing an agreement to purchase the remaining stake it does not already own in US carmaker Chrysler.

Italian family business Fiat has welcomed in the New Year by signing an agreement to purchase the remaining stake it does not already own in US carmaker Chrysler.

The $3.65 billion (€2.67 billion) agreement ends a stand off between Fiat, which is owned by family-controlled holding company Exor, and a retiree healthcare trust over the value of the company.

Veba, associated with the United Auto Workers union, argued its 41.5% stake was worth $5 billion, while Fiat said it was worth half that amount.

November 27, 2013

Uncertainty about whether Italian family business Fiat will buyout the remaining stake in US carmaker Chrysler looks set to remain into the new year, with the company announcing a planned partial listing will not happen before the end of the year.

Uncertainty about whether Italian family business Fiat will buyout the remaining stake in US carmaker Chrysler looks set to remain into the new year, with the company announcing a planned partial listing will not happen before the end of the year.

November 6, 2013

John Elkann heads one of the world’s biggest conglomerates. But he wants to be more than just another boss of a big multinational. He wants to change the world. CampdenFB reports.

John Elkann is on a mission. The fifth-generation owner and manager of one of the biggest industrial groups in the world wants capitalism to change. With his boyish face, soft voice, reserved – even diffident – style he might make an unlikely evangelist, but he is deadly serious.

October 21, 2013

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

Lapo Elkann, a next-gen of the Agnelli family, has said he is considering opening a foundation for victims of sexual abuse, having revealed to Italian media he was himself abused as a teenager at boarding school.

Elkann, 36 – brother to John Elkann, chairman of multi-billion euro family-controlled holding company Exor – made the comments in an interview with Italian daily Fatto Quotidiano, though he did not name his abusers.

July 3, 2013

Fiat doubles its share in an Italian publishing group while German family firms Ottobock and Pohlig join forces for a greater footprint in the orthopaedics sector.

Fiat doubles its share in an Italian publishing group while German family firms Ottobock and Pohlig join forces for a greater footprint in the orthopaedics sector.

Fiat

Fiat – controlled by the Agnelli family's Exor – has announced it will double its holding in struggling Italian publishing group RCS MediaGroup from 10% to 20%.

June 14, 2013

Exor's Fiat is close to reaching a refinancing deal, while Joh A Beckiser's cosmetics company Coty launched an IPO. 

Exor's Fiat is close to reaching a refinancing deal, while Joh A Beckiser's cosmetics company Coty launched an IPO.  

Fiat
Fiat, the Italian carmaker controlled by the Agnelli family's Exor, is getting close to completing a refinancing deal that would allow it to take full control of US-based Chrysler.

Chief executive Sergio Marchionne is due to sign an agreement with nine banks as soon as 21 June to refinance €1.95 billion in Fiat credit, according to two anonymous sources close to the matter.

Click here >>
Close