How not to diagram company ownership

February 10th, 2019 § 0 comments

How not to diagram company ownership

I’ve seen some truly awful infographics of corporate ownership structures. I’ve even occasionally perpetrated them. But this image is truly a classic of the genre:

Pretty convoluted, huh?

It’s from Muddy Waters, a much-feted research and short-selling firm. They are arguingthat French conglomerate Bolloré owns a lot of itself through intermediate companies. We’re looking here at Financière…

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