Country: France
Europe · 5 posts
Who Runs the Castel Empire? A Fund, Two Trustees and a Hired CEO
A Singapore court backed Romy Castel's votes at the company that manages the fund owning the Castel group, yet the hired CEO stays. How the chain works and who holds which lever.
How the Arnaults Plan to Lock In Control of LVMH: The Partnership Limited by Shares
The Arnault family plans to fold its holding chain into one listed partnership limited by shares, Agache SCA, with 49.76% of LVMH. What an SCA is and why it locks in control.
A Chanel Owner Opens a Swiss Family Office: What a Second Office Can Signal
Bloomberg reports that Gérard Wertheimer has set up a family office in Geneva, alongside the family's New York office, Mousse Partners. Why rich families run more than one office.
France Wants Gifts of Holding Shares to Stop Erasing Deferred Tax
France's 2027 budget bill would make tax deferred under the 'apport-cession' regime payable when holding shares are gifted or inherited, from 1 October 2026. It is still a proposal.
France Weighs a 2% Yearly Tax on Family Holding Portfolios
French deputies backed in committee a 2% annual tax on portfolio securities held by family holding companies. What it would cover, why France targets holdings, and why it is not law.