NPM/CNP
 | |
| Company type | Non-listed holding company |
|---|---|
| Headquarters | Loverval, Belgium |
Key people | Gilles Samyn (Chairman), Xavier Le Clef (Managing Director), Victor Delloye (General Counsel and Director) |
| Website | www.cnp.be |
Compagnie Nationale à Portefeuille S.A., is a Belgian non-listed holding company controlled by controlled by GROUPE FRÈRE-BOURGEOIS.
Together with Groupe Bruxelles Lambert, CNP is one of the main pillars of GROUPE FRÈRE-BOURGEOIS. Both GBL and CNP rely on a stable shareholders’ base: CNP is exclusively controlled[1] by Mr. Albert FRÈRE while GBL is jointly controlled with the DESMARAIS Family (Power Corporation of Canada).
The company jointly controls Pargesa Holding, which in turn controls investment holding company Groupe Bruxelles Lambert. In addition CNP directly holds stakes in a number of industrial companies, which at the end of 2014 included Total (0.9%), M6 (7.3%), Transcor Astra Group (88%), Banca Leonardo (19.3%), Affichage Holding (25.3%), Distriplus (50%), Cheval Blanc FInance (80%), Fidentia (50%), Groupe Flo (24%), International Duty Free (50%) and Trasys (42%).[2]
In March 2011 the Frère family and BNP Paribas made a €1.5 billion offer for the 27.8% of NPM/CNP not already owned by the two entities.[3] The bid was made through the company Fingen, 53% owned by the Frère family with the remainder held by BNP. The NPM/CNP share was removed from the BEL 20 index on 2 May 2011 after Fingen announced that 96.4% of shareholders had accepted its tender offer.[4]
References
- ^ "According to article 5 of Belgian Company law".
{{cite web}}: Missing or empty|url=(help) - ^ "Company website". CNP. 31 December 2014. Retrieved 31 December 2014.
- ^ Martens, John (4 March 2011). "Frere Makes Offer for Nationale as Leverage Eclipses Strategy". Bloomberg. Retrieved 8 May 2011.
- ^ "Index Announcement" (PDF). NYSE Euronext. 29 April 2011. Retrieved 8 May 2011.
