Peter Wallenberg Sr., Swedish Creator of Companies, Dies at 88
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Peter Wallenberg Sr., who for 15 years dominated Swedish industry and enlarged the family’s control over companies such as Ericsson AB and Electrolux AB, has died. He was 88.
“It is with deep regret that the board of directors of the Knut and Alice Wallenberg Foundation announce that its Honorary Chairman, Peter Wallenberg, has passed away peacefully at his home,” the family said in a statement today.