GBL Bought EUR104m worth of Lafarge shares June 20

GBL Bought EUR104m worth of Lafarge shares June 20
03 July 2008


Belgian Financier Albert Frere’s holding company Groupe Bruxelles Lambert acquired EUR104m worth of shares in Lafarge June 20, according to a filing with French stock exchange authority Autorite des Marches Financiers Wednesday.
 
According to the filing, GBL acquired EUR104m worth of shares at EUR103.50 a share June 20.
 
Groupe Bruxelles Lambert is an entity linked to Lafarge board members Thierry de Rudder and Paul Desmarais Jr.
 
In a letter filed by the AMF April 22, GBL said it held 20.88% of the voting rights in Lafarge and 18.6% of its capital.
 
According to a separate filing with the AMF Wednesday, GBL June 20 sold a total of EUR233.560m worth of Lafarge put options.
Published under Cement News