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Wendel SE (MWDP.PA)

MWDP.PA on Paris Stock Exchange

125.50EUR
21 Aug 2019
Change (% chg)

€3.50 (+2.87%)
Prev Close
€122.00
Open
€122.20
Day's High
€125.50
Day's Low
€122.20
Volume
50,720
Avg. Vol
55,173
52-wk High
€132.60
52-wk Low
€99.00

Latest Key Developments (Source: Significant Developments)

Wendel End-June NAV Per Share Of EUR 165.4
Tuesday, 30 Jul 2019 

July 30 (Reuters) - Wendel SE ::H1 CONSOLIDATED REVENUE EUR 4.26‍​ BILLION VERSUS EUR 4.15 BILLION YEAR AGO.NAV AT END-JUNE EUR ‍​7.47 BILLION, I.E. EUR 165.4 PER SHARE, UP 12.2 PERCENT FROM END DEC 2018.  Full Article

Wendel Successfully Placed A 300 Million Euros Bond Issue
Tuesday, 23 Apr 2019 

April 23 (Reuters) - WENDEL SE ::REG-WENDEL: SUCCESSFUL ISSUE OF €300 MILLION 7-YEAR BOND ISSUE BEARING INTEREST AT 1.375%.MATURING IN APRIL 2026 AND BEARING INTEREST AT 1.375%..WILL EXERCISE MAKE-WHOLE REDEMPTION OPTION ON BONDS MATURING IN APRIL 2020 AND JANUARY 2021 IN ORDER TO EXTEND ITS DEBT MATURITIES.7 TIMES OVERSUBSCRIBED.TRANSACTIONS WILL ENABLE WENDEL TO EXTEND ITS DEBT MATURITIES TO 4.4 YEARS WHILE ALSO REDUCING ITS GROSS DEBT TO EUR 2,312 MILLION.REDEMPTION IS SUBJECT TO SUCCESSFUL COMPLETION OF 2026 BOND ISSUE.  Full Article

Wendel: Effective Start Of Wendel's EUR 200 Million Share Repurchase
Wednesday, 17 Apr 2019 

April 17 (Reuters) - WENDEL SE ::REG-WENDEL : EFFECTIVE START OF WENDEL'S €200 MILLION SHARE REPURCHASE.ON APRIL 23, 2019, WENDEL WILL MAKE A EUR 200 MILLION PAYMENT TO GOLDMAN SACHS AND WILL RECEIVE 1,169,399 OF ITS OWN ORDINARY SHARES DELIVERED BY GOLDMAN SACHS.  Full Article

Wendel announces that Allied Universal Acquires Securadyne Systems
Monday, 8 Apr 2019 

April 8 (Reuters) - WENDEL SE ::REG-WENDEL: ALLIED UNIVERSAL ACQUIRES SECURADYNE SYSTEMS TO OFFER HIGHLY ADVANCED TECHNOLOGY SOLUTIONS AND SYSTEMS INTEGRATION CAPABILITIES.DEAL EXPECTED TO CLOSE ON APRIL 15, 2019.  Full Article

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