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Dealmaker Albert Frere, Belgium's richest man, dies aged 92

Reuters  |  BRUSSELS 

By Alastair MacdonaldBRUSSELS (Reuters) - Albert Frere, a veteran dealmaker whose impeccable business timing made him Belgium's richest man, died on Monday at the age of 92, the firm he built, Groupe Bruxelles Lambert (GBL), said.Frere had stepped down as a director of GBL and GBL's Swiss-based shareholder Pargesa three years ago, though he remained one of the controlling shareholders of the group run since 2012 by his son-in-law, Ian Gallienne, who is co-CEO.Frere attained international prominence in the early 1980s, helping divest some of nationalised French bank Paribas' foreign assets and ...

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First Published: Mon, December 03 2018. 15:15 IST