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. It has been listed in Brussels since 1956.
Share holdings as of July 30 2007 were:
As of 31 December 2004, a company Pargesa Holding S.A. holds 48.0% of the shares of GBL. As GBL holds 4.4% in Treasury stock, 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.
GBL was also involved in Drexel Burnham Lambert, having made a sizable investment in the early 1980s.[Den of Thieves. Stewart, J. B. New York: Simon & Schuster, 1991. ISBN 0-671-63802-5.]
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