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0 · Burberry Shares Tumble After Belgium’s GBL Sells Its Stake
1 · Albert Frere Is Selling His Entire Stake in Burberry
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Burberry Shares Tumble After Belgium’s GBL Sells Its Stake
GBL and GBL Energy said they would sell their Burberry stake of about 6.6 percent through a private placement, with Goldman Sachs acting as the bookrunner. Burberry shares .
LONDON — Shares in Burberry Group were down 7.7 percent to 17.39 pounds in early morning trading on Wednesday after Groupe Bruxelles Lambert, the investment holding .
GBL and GBL Energy said they would sell their Burberry stake of about 6.6 percent through a private placement, with Goldman Sachs acting as the bookrunner. Burberry shares closed at almost 18.85 pence on Tuesday, up about 0.5 percent.
Groupe Bruxelles Lambert, the investment vehicle of billionaire Albert Frère, confirmed on Wednesday that it had sold its 6.6 per cent stake in Burberry via a private placement run by Goldman. According to a Regulatory News Service statement, Groupe Bruxelles Lambert, or GBL, has increased its stake in Burberry to 4 percent from 3 percent. The company made its initial Burberry. Burberry made further gains after the fashion-hungry investment fund GBL announced it had taken a 3 percent stake.
Belgian billionaire Albert Frère is planning to sell a £520m (5m) stake in British luxury fashion house Burberry. Mr Frère’s holding company, Groupe Bruxelles Lambert, is offering to sell its. (Reuters) - Albert Frere is selling his entire stake in Burberry (BRBY.L), the Belgian billionaire's Groupe Bruxelles Lambert (GBL) said on Tuesday, after a period of management upheaval at the.
Groupe Bruxelles Lambert SA (GBLB.BT) said Wednesday that the company and its subsidiary, GBL Energy, sold a 6.6% stake in Burberry Group PLC (BRBY.LN) for 498 million pounds (2.9 million). Burberry group shares have fallen by 7.7 percent after a major investor — Belgium-based GBL, which also owns shares in adidas — sold its entire stake in the British company. GBL has been.Albert Frere is selling his entire stake in Burberry, the Belgian billionaire's Groupe Bruxelles Lambert said on Tuesday, after a period of management upheaval at the British fashion house. LONDON — Shares in Burberry Group were down 7.7 percent to 17.39 pounds in early morning trading on Wednesday after Groupe Bruxelles Lambert, the investment holding .
GBL and GBL Energy said they would sell their Burberry stake of about 6.6 percent through a private placement, with Goldman Sachs acting as the bookrunner. Burberry shares closed at almost 18.85 pence on Tuesday, up about 0.5 percent. Groupe Bruxelles Lambert, the investment vehicle of billionaire Albert Frère, confirmed on Wednesday that it had sold its 6.6 per cent stake in Burberry via a private placement run by Goldman. According to a Regulatory News Service statement, Groupe Bruxelles Lambert, or GBL, has increased its stake in Burberry to 4 percent from 3 percent. The company made its initial Burberry. Burberry made further gains after the fashion-hungry investment fund GBL announced it had taken a 3 percent stake.
Albert Frere Is Selling His Entire Stake in Burberry
Belgian billionaire Albert Frère is planning to sell a £520m (5m) stake in British luxury fashion house Burberry. Mr Frère’s holding company, Groupe Bruxelles Lambert, is offering to sell its. (Reuters) - Albert Frere is selling his entire stake in Burberry (BRBY.L), the Belgian billionaire's Groupe Bruxelles Lambert (GBL) said on Tuesday, after a period of management upheaval at the. Groupe Bruxelles Lambert SA (GBLB.BT) said Wednesday that the company and its subsidiary, GBL Energy, sold a 6.6% stake in Burberry Group PLC (BRBY.LN) for 498 million pounds (2.9 million).
Burberry group shares have fallen by 7.7 percent after a major investor — Belgium-based GBL, which also owns shares in adidas — sold its entire stake in the British company. GBL has been.
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burberry gbl stake|Albert Frere Is Selling His Entire Stake in Burberry