Location wobbles

How Thai billionaire wants all the power at Red Bull

The power struggle between the owners of energy drink giant Red Bull is intensifying. The Thai majority owners are questioning the company headquarters in Salzburg and also want to change the management appointed by the Mateschitz family - as reported by the "Krone" newspaper. How this is to happen.

The relationship between the two billionaire owners of the energy drink company Red Bull has been tense for some time, and now the power struggle is escalating. The Thai Yoovidhya family (holds 51 percent of the shares) apparently now wants to take over all the power.