The year 2016 saw the end of a partnership of almost 50 years. If we go back to the origins of the relationship, it was in fact in 1968 that the French bank Paribas entered the capital of Albert Frère group, Albert Frère at the time being a Belgian industrialist buying up steelmakers. At the same time, in the 1970s, Albert Frère became one of Paribas’ shareholders, as well as the Canadian businessman Paul Desmarais.
The story is that in 1982 the new French socialist government decided to natio ....
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Exit of BNP Paribas, Albert Frère’s historical partner
- Published:
28 Aug 2017 -
Author:
Pierre-Yves Gauthier -
Pages:
4
The year 2016 saw the end of a partnership of almost 50 years. If we go back to the origins of the relationship, it was in fact in 1968 that the French bank Paribas entered the capital of Albert Frère group, Albert Frère at the time being a Belgian industrialist buying up steelmakers. At the same time, in the 1970s, Albert Frère became one of Paribas’ shareholders, as well as the Canadian businessman Paul Desmarais.
The story is that in 1982 the new French socialist government decided to natio ....