The Belgo-Ducth bank FORTIS has launched a public share offering on all outstanding shares in BGL -BANQUE GENERALE DU LUXEMBOURG (stock market capitalisation of around EUR 3.6 billion). It hopes to acquire the remaining 47% it does not own to have full control over the Luxembourg-based bank. The subscription period will begin on 21 February and last until 10 March. The bid concerns 11,267,440 shares for a total of FEB 72 billion.