Frere’s shares in Burberry are being offered in a private placement via Goldman Sachs. Photo: Charles Mostoller/Bloomberg

Albert Frere’s US$705 million stake in Burberry goes up for sale

The billionaire plans to sell his 27.6 million shares in the London-based brand so that his firm, Groupe Bruxelles Lambert, can make new investments

Topic |   Luxury CEOs

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Frere’s shares in Burberry are being offered in a private placement via Goldman Sachs. Photo: Charles Mostoller/Bloomberg
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