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India's biggest private conglomerates are still sticking fingers in every nook of the economy, as they did decades ago.
"We are looking at opportunities related to China's momentum," said Mr. Guo, the chairman of Fosun International, one of the country's largest private conglomerates.
More important, Mr. Dung's trademark policy, his forceful push to build up state-run companies along the lines of South Korea's private conglomerates, backfired.
The unions complain that private conglomerates are pillaging state assets—Taishin belongs to the Wu family, one of three powerful clans that own several FHCs.
Endesa, acronym of Empresa Nacional de Electricidad SA, Spanish energy company that is one of the largest private conglomerates in the world.
Sawant thought about this a bit more and then added that there was one campaign commitment she was pushing that was winning a lot of support and carried a socialist air – council-run broadband as an alternative to the high-priced and much-resented near-monopolies of a couple private conglomerates.
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The statists need a decisive victory over not just a giant private conglomerate but a symbol of a more open, rapidly modernizing Russian capitalism.
It became the largest private conglomerate in the world, a vertical food chain which stretched from the Andes to the high street in Norwich.
Guo Guangchang, the chairman of Fosun Group, China's biggest private conglomerate, told Reuters that he was still on the lookout for deals in the UK.
"We realised we had to manage the thing like a private conglomerate bent on maximising shareholder value, then breaking itself up," says Jan Kvarnstrom, Securum's president since 1995.
China's central bank will put together a loan package of up to $1.8 billion for the D'Long Corporation, a private conglomerate whose collapse threatened to shake China's stock market and banks.
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