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Lombard Odier Middle East study: succession planning shortfalls emerge in next generation wealth transfer
New research from Lombard Odier reveals that fewer than 1 in 5 family businesses in the Gulf region have a comprehensive succession plan in place, with intergenerational frictions cited as the main reason. The next generation favours a different approach, with 79% of those surveyed stating their intention to change…
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Source: Lombard Odier