Albert Frere

Frere’s GBL ups Lafarge stake

Filed under Albert Frere
March 6, 2008 5:49 pm

The holding company of Belgian billionaire Albert Frere and Paul Desmarais has raised its stake in French cement maker Lafarge  to just over 20 percent, France’s AMF stock market regulator ... Read more »

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Lafarge to Buy Orascom Cement For $12.8 Bln

Filed under Deals, Albert Frere
December 10, 2007 1:03 pm

France’s Lafarge  the world’s biggest cement maker, has agreed to buy Egypt’s Orascom Cement for 8.8 billion euros ($12.81 billion) to boost its earnings and exposure to high-growth emerging markets.Nassef ... Read more »

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Frère sells down Iberdrola stake

Filed under Albert Frere
December 4, 2007 10:01 pm

Albert Frère, the billionaire financier, has begun selling his stake in Iberdrola, six months after announcing he had built a 5 per cent holding in Spain’s largest electricity group. GBL, ... Read more »

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How the Desmarais family clinched its power play

Filed under Profiles, Deals, Albert Frere, Desmarais family - GBL
September 4, 2007 1:42 am

ROME — The blockbuster merger of Suez SA and Gaz de France SA, formally announced yesterday, has put Montreal’s billionaire Desmarais family at the centre of the world’s third-largest power ... Read more »

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Belgian billionaire has become a force for change through investments

Filed under Politics, Albert Frere
September 3, 2007 5:29 am

On the night President Nicolas Sarkozy celebrated his electoral victory at Le Fouquet’s, he invited some of France’s most powerful businessmen. They included Bernard Arnault of the Louis Vuitton empire ... Read more »

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Billionaire Frere spends 2.2 billion building new stake

Filed under Deals, Albert Frere
May 31, 2007 2:02 am

Financial Times reported today, that  Albert Frère, the billionaire financier, have snapped up a total of five per cent of Spanish utility Iberdrola.  The €2.2bn purchase calls into question the future of Spain’s biggest electricity company. Mr Frère is often seen as a catalyst for change in the businesses that he targets.

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