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Wendel SE (MWDP.PA)

MWDP.PA on Paris Stock Exchange

111.20EUR
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Latest Key Developments (Source: Significant Developments)

Wendel FY Consolidated Net Income Group Share Down At 45.3 Million Euros
Thursday, 21 Mar 2019 

March 21 (Reuters) - WENDEL SE ::FY CONSOLIDATED REVENUE EUR 8.39 BILLION VERSUS EUR 8.08 BILLION YEAR AGO.FY CONSOLIDATED NET INCOME GROUP SHARE EUR 45.3‍​ MILLION VERSUS EUR 200.0 MILLION YEAR AGO.END-DEC NAV PER SHARE EUR 147.4, UP 1.6% FROM NOV 16.CONFIRMS STRATEGIC ORIENTATION FOR 2017-2020.PROPOSES DIVIDEND OF EUR 2.80 PER SHARE.ANNOUNCES SHARE BUY-BACK OF EUR 200 MILLION (C. 4% OF CAPITAL) TO BE LAUNCHED IN Q2.END-DEC LTV RATIO 6.1%.ABOUT EUR 480 MILLION OF ADDITIONAL PROCEEDS FROM DISPOSALS SINCE JAN 1, 2019.RECORDS APPROX. EUR 1 BILLION PROCEEDS FROM DISPOSALS IN 2018.  Full Article

Allied Universal To Receive Major Investment From CDPQ
Thursday, 21 Feb 2019 

Feb 20 (Reuters) - Allied Universal::ALLIED UNIVERSAL TO RECEIVE MAJOR INVESTMENT FROM CDPQ.  Full Article

Wendel To Sell Large Stake In Allied Universal
Thursday, 21 Feb 2019 

Feb 20 (Reuters) - Wendel SE ::REG-WENDEL : WENDEL TO SELL LARGE STAKE IN ALLIED UNIVERSAL.SAYS ENTERED INTO AN AGREEMENT TO SELL APPROXIMATELY 40% OF ITS EQUITY STAKE, ALONG WITH OTHER EXISTING SHAREHOLDERS, IN ALLIED UNIVERSAL.PRO FORMA FOR TRANSACTION, CDPQ WILL BECOME LARGEST SHAREHOLDER IN ALLIED UNIVERSAL.IS EXPECTED TO RECEIVE APPROXIMATELY $350 MILLION IN CASH PROCEEDS AS PART OF TRANSACTION.SE - HAS ENTERED INTO AN AGREEMENT TO SELL APPROXIMATELY 40% OF ITS EQUITY STAKE IN ALLIED UNIVERSAL AT AN ENTERPRISE VALUE OF MORE THAN $7 BILLION.SAYS FOLLOWING TRANSACTION, WENDEL WILL RETAIN AN APPROXIMATELY 18% OWNERSHIP STAKE IN ALLIED UNIVERSAL.ALLIED UNIVERSAL HAS ENTERED INTO AGREEMENT WHEREBY CDPQ WILL PROVIDE UP TO ABOUT $400 MILLION TO SUPPORT CO'S GROWTH STRATEGY & ACQUISITION PLANS.TRANSACTION IS EXPECTED TO CLOSE IN Q3 OF 2019 SUBJECT TO CUSTOMARY CLOSING CONDITIONS.  Full Article

Wendel Acquires 4.8 Pct Of Stahl's Capital From Clariant
Thursday, 3 Jan 2019 

Jan 3 (Reuters) - WENDEL ::REG-WENDEL STRENGTHENS ITS POSITION IN STAHL BY ACQUIRING 4.8% OF THE CAPITAL FROM CLARIANT FOR €50 MILLION.FOLLOWING THIS DEAL, WENDEL INCREASES ITS OWNERSHIP IN STAHL TO C. 67%.TRANSACTION CONTRIBUTES POSITIVELY TO WENDEL'S VALUE CREATION.  Full Article

Wendel Net Asset Value Down 17.7 Percent As Of Nov 16
Thursday, 29 Nov 2018 

Nov 29 (Reuters) - WENDEL SE ::REG-WENDEL: Q3 2018 SALES AND NAV AT NOVEMBER 16, 2018.NET ASSET VALUE AS OF NOVEMBER 16, 2018: EUR 6,715 MILLION, OR EUR 145.1 PER SHARE, DOWN 17.7% YEAR-TO-DATE.NET ASSET VALUE AS OF NOVEMBER 16, 2018: EUR 6,715 MILLION, OR EUR 145.1 PER SHARE, DOWN 17.7% YEAR-TO-DATE.CONSOLIDATED SALES OF EUR 6.2 BILLION OVER NINE MONTHS, UP 3.8% OVERALL.CONFIRMED ITS 2018 OUTLOOK FOR ORGANIC SALES GROWTH AND IMPROVEMENT IN ITS ADJUSTED OPERATING MARGIN AT CONSTANT CURRENCY.Q3 PERFORMANCE HAS EXHIBITED MIXED TRENDS ACROSS OUR PORTFOLIO.MACROECONOMIC AND FINANCIAL MARKET CONDITIONS ARE SOMEWHAT UNPREDICTABLE AND COULD WEIGH ON OUR COMPANIES' GROWTH IN MONTHS TO COME.QUALITY OF WENDEL'S PORTFOLIO AND STRONG FINANCIAL STRUCTURE SHOULD RESULT IN VALUE CREATION FOR ALL SHAREHOLDERS.  Full Article

Wendel Agrees To Sell Nippon Oil Pump Co. Ltd. To Citic Capital Japan Partners III, L.P.
Thursday, 1 Nov 2018 

Nov 1 (Reuters) - WENDEL SE ::WENDEL AGREES TO SELL NIPPON OIL PUMP CO., LTD. TO CITIC CAPITAL JAPAN PARTNERS III, L.P..TRANSACTION IS SUBJECT TO CUSTOMARY CLOSING CONDITIONS AND SHOULD CLOSE IN Q4 OF 2018.WOULD RECEIVE NET PROCEEDS OF APPROXIMATELY EUR 85 MILLION.SALE OF ALL SHARE CAPITAL OF NIPPON OIL PUMP FOR ENTERPRISE VALUE EQUIVALENT TO APPROXIMATELY 11 TIMES ADJUSTED EBITDA.  Full Article

Wendel completes sale of 4.73 pct of Bureau Veritas' share capital
Tuesday, 30 Oct 2018 

Oct 30 (Reuters) - Wendel /Bureau Veritas ::* Completion of the sale of 4.73% of Bureau Veritas’ share capital.* Wendel now holds a stake of c. 35.8% in Bureau Veritas' share capital and 51.9% of its voting rights..* Transaction results in a capital gain of approximately 300 million euros.* Placement was directed by Goldman Sachs as bookrunner..* Wendel has entered into a commitment with the bank not to carry out a similar market transaction in the next 6 months, subject to certain customary exceptions..  Full Article

Wendel Sells 4.73 Percent Of Bureau Veritas’ Share Capital
Monday, 29 Oct 2018 

Oct 29 (Reuters) - WENDEL ::SELLS 4.73 PERCENT OF BUREAU VERITAS’ SHARE CAPITAL.RAISES ADDITIONAL RESOURCES AHEAD OF NEW INVESTMENT OPPORTUNITIES TO ARISE FROM A REPRICING OF MARKET MULTIPLES.20,920,503 BUREAU VERITAS SHARES (THE “SHARES”) WILL BE OFFERED IN A PRIVATE PLACEMENT.SALE WILL RESULT IN AN IMPORTANT INCREASE IN BUREAU VERITAS’ FREE FLOAT AND WILL IMPROVE THE LIQUIDITY OF ITS SHARES.20,920,503 BUREAU VERITAS SHARES TO BE EXECUTED THROUGH AN ACCELERATED BOOKBUILDING PROCESS (.BUREAU VERITAS’ FREE FLOAT WILL INCREASE TO C. 62%..FINAL TERMS OF THE PLACEMENT WILL BE DETERMINED FOLLOWING THE COMPLETION OF THE BOOKBUILDING PROCESS, WHICH WILL BEGIN IMMEDIATELY.PLACEMENT WILL TARGET INSTITUTIONAL INVESTORS IN FRANCE AND IN CERTAIN COUNTRIES OUTSIDE OF FRANCE..PLACEMENT OF THE SHARES WILL BE CARRIED-OUT BY GOLDMAN SACHS AS SOLE BOOKRUNNER.  Full Article

Wendel H1 Consolidated Net Result Group Share Swings To Loss Of 0.9‍​ Million Euros
Thursday, 6 Sep 2018 

Sept 6 (Reuters) - WENDEL SE ::H1 CONSOLIDATED SALES EUR ‍​4.18 BILLION VERSUS EUR 4.05 BILLION YEAR AGO.H1 CONSOLIDATED INCOME FROM OPERATIONS EUR 240.4‍​ MILLION VERSUS EUR 237.1 MILLION YEAR AGO.NAV PER SHARE OF EUR 172.7 AS OF AUG. 24.H1 CONSOLIDATED NET LOSS GROUP SHARE EUR 0.9‍​ MILLION VERSUS PROFIT OF EUR 31.3 MILLION YEAR AGO.  Full Article

Wendel raises stake in St Gobain, holds 4.3 pct of capital and 6.1 voting rights
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Wendel /St Gobain ::* Wendel raises stake in St Gobain, holds 4.3 pct of capital and 6.1 voting rights, according to AMF regulatory filing.  Full Article

France's Wendel to sell 40 percent stake in Allied Universal to Canada fund

French investment firm Wendel SE said on Thursday it would sell about 40 percent of its equity stake in security services company Allied Universal to Caisse de dépôt et placement du Québec (CDPQ) at an enterprise value of more than $7 billion.