According to a report from the French newspaper Les Echos, the Wertheimer family, who is a controlling stakeholder in the French luxury brand Chanel will provide funding to support investment bank Rothschild & Co in its delisting from the Paris stock exchange and returning to private ownership.
Alain and Gérard Wertheimer, together with their half-brother Charles Heilbronn, made this investment through their family office, Mousse Partners.
Currently, Concordia, the holding company of the French branch of the Rothschild family, owns 38.9% of Rothschild & Co’s shares, whil …
