Former Italian Prime Minister Silvio Berlusconi’s eldest children have formally taken control of their father’s €7 billion ($7.5 billion) business empire after all heirs reached an agreement on the late billionaire’s will.
“Marina and Pier Silvio Berlusconi jointly get indirect control over Fininvest SpA, clearly ensuring its stability and management continuity,” Fininvest, the family holding, said in a statement Monday.
All five of the former premier’s children have accepted their father’s legacy in accordance with his last wishes, according to the statement.
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