Talk:Société des bains de mer de Monaco
Appearance
This article is rated Stub-class on Wikipedia's content assessment scale. It is of interest to the following WikiProjects: | |||||||||||||||||||||||||||||||
|
Where are the sea baths?
[edit]History
[edit]In 1952, Aristotle Onassis started buying shares in SBM, and soon owned a controlling interest. However, Prince Rainier retained a veto over decisions. In 1964, Rainier regained control over the company by creating 600,000 new shares, to be controlled by the state. Within a week Onassis left Monaco on his yacht.