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Groupe Bruxelles Lambert

 
Groupe Bruxelles Lambert

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Groupe Bruxelles Lambert



 
 
Groupe Bruxelles Lambert (GBL) is a Belgian industrial holding company. It is one of the ten biggest Belgian companies, and part of the BEL20
BEL20

The BEL20 is the benchmark stock market index of Euronext. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded at the Brussels Stock Exchange....
. It has been listed in Brussels since 1956.

Shareholdings as of 31 December 2007 were:

As of 31 December 2004, a company Pargesa Holding S.A.
Pargesa Holding S.A.

Pargesa Holding S.A. of Geneva, Switzerland holds significant positions in two large companies based in Europe. In accordance with a 1990 agreement, Power Corporation of Canada and the Fr?re-Bourgeois/CNP Groups jointly control the company through the Netherlands holding company Parjointco NV....
 holds 48.0% of the shares of GBL.






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Groupe Bruxelles Lambert (GBL) is a Belgian industrial holding company. It is one of the ten biggest Belgian companies, and part of the BEL20
BEL20

The BEL20 is the benchmark stock market index of Euronext. In general, the index consists of a minimum of 10 and a maximum of 20 companies traded at the Brussels Stock Exchange....
. It has been listed in Brussels since 1956.

Shareholdings as of 31 December 2007 were:
Company% of share capital% of voting rights
Total
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3.9% 3.6%
Suez 9.5% 13.2%
Imerys
Imerys

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26.8% 34.6%
Lafarge
Lafarge

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17.9% 16.4%
Pernod Ricard
Pernod Ricard

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6.2% 5.6%
Iberdrola
Iberdrola

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1.4% 1.4%


As of 31 December 2004, a company Pargesa Holding S.A.
Pargesa Holding S.A.

Pargesa Holding S.A. of Geneva, Switzerland holds significant positions in two large companies based in Europe. In accordance with a 1990 agreement, Power Corporation of Canada and the Fr?re-Bourgeois/CNP Groups jointly control the company through the Netherlands holding company Parjointco NV....
 holds 48.0% of the shares of GBL. As GBL holds 4.4% in treasury stock
Treasury stock

A treasury stock or reacquired stock is stock which is bought back by the issuing company, reducing the amount of outstanding stock on the open market ....
, Pargesa is a majority owner. Pargesa in turn is owned 54.3% by Parjointco, a company owned 50/50 by Groupe Frere Bourgeois CNP and Power Financial Corporation. It formerly owned the Bank Brussels Lambert (BBL), which is now part of the ING group
ING Group

ING Group N.V. is a financial institution of Netherlands origin offering banking, insurance and asset management services. ING is an abbreviation of Internationale Nederlanden Groep....
.

GBL was also involved in Drexel Burnham Lambert
Drexel Burnham Lambert

Drexel Burnham Lambert was a major Wall Street investment banking firm, which first rose to prominence and then was driven into bankruptcy in February 1990 by its involvement in illegal activities in the junk bond market, driven by Drexel employee Michael Milken....
, having made a sizable investment in the early 1980s.