Finial
Strategic Concepts & Mechanics
Primary Evidence
"The group of investors, apart from Ferinel (11.5%), includes the companies Elf and Total (12%), Worms et Cie (10%), the Lebanese-Syrian holding Finial (5%), Lazard Frères (10%), and the British financial institution Charterhouse (1%)."
"At the top of the network, Bernard Arnault places Arnault & Associés, the parent company of the whole (formerly Boussac, now Financière Agache et Férinel). The cornerstone of Bernard Arnault's financial construction, this company is the one that will benefit most from the restructuring carried out within the group. It not only receives dividends from the various subsidiaries of the group, but it is also the main owner of this heterogeneous structure which counts no less than ten companies, most of which are profitable. Arnault & Associés is controlled 60% by the Arnault family, the rest being held by a group of investors (Crédit Lyonnais, Duménil-Leblé, BNP, GAN, Finial...) (see table 1)."