High self-worth individuals

12 August 2015 By John Foley

The Agnelli family is raising its stake in the financial weekly’s parent to 43 pct, valuing it at 957 mln pounds. The Economist itself will also buy back stock at a similar valuation. While not cheap, the result is a tidier balance sheet, an acquisition currency and more freedom.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)