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Hyundai Motor Group, the Korea-based car company controlled by the Chung family, announced 27 September that is plans to bid for a controlling stake in Hyundai Engineering & Construction, which will pit it against another branch of the founding family.

Yucaipa Companies, the investment firm of activist shareholder Ron Burkle, has sent a letter to his fellow shareholders to “set facts straight on company performance” and dispute claims made by the Barnes & Noble board on 9 September.

Family-owned ceramics manufacturer Villeroy & Boch has announced it is to appeal a decision by the European Commission to fine it for its part in an alleged price fixing cartel that has implicated other family businesses.

Barnes & Noble, the US bookseller controlled by the Riggio family, has sent a letter to shareholders urging them to vote against proposals made by activist shareholder Ron Burkle.

Family-owned Swatch Group has confirmed it has launched a legal action against UBS in relation to an absolute return fund sold to the watchmaker in 2009.

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