Re:How the Oldest Company in the World Survived Nearly 1,500...
by Animats on Monday September 02, 2024 @06:15PM
(#41429216)
There were many reorganizations, bankruptcies, government interventions, and other churn in the last 20 years. Something came out with the same name, but the primary owner is currently Italy's ministry of finance. Whether the company "survived" is a good question.
It's like the Hudson's Bay Company, which claims continuous existence since 1670. That's really a unit of US mall operator NRDC Equity Partners, which acquired Hudson's Bay and switched to using that name. They also own Saks Fifth Avenue and various other department store chains.[1]
It's like the Hudson's Bay Company, which claims continuous existence since 1670. That's really a unit of US mall operator NRDC Equity Partners, which acquired Hudson's Bay and switched to using that name. They also own Saks Fifth Avenue and various other department store chains.[1]
[1] https://www.nrdcequity.com/timeline