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„Power Struggle“: Red Bull Declines Rumors

Published: April 6, 2012; 18:51 · (Vindobona)

Red Bull commented that reports on an arising power struggle between the two owners are nothing else as “fanciful speculations”.

„Power Struggle“: Red Bull Declines Rumors / Picture: © Red Bull

Two weeks ago, the inventor of Red Bull, the Thai Chaleo Yoovidhja died. Yoovidhja held a 49% stake in Red Bull. CEO Dietrich Mateschitz, who said to have lost “not only a business partner, but also a grood friend”, said that there will be no amendments for the company.

Mateschitz also holds 49% stake in the company. The remaining 2% stake is owned by Yoovidhja´s son Chalerm…

This article includes a total of 248 words.

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