Edition:
United Kingdom

Wendel SE (MWDP.PA)

MWDP.PA on Paris Stock Exchange

108.40EUR
18 Jan 2019
Change (% chg)

€2.10 (+1.98%)
Prev Close
€106.30
Open
€106.90
Day's High
€108.40
Day's Low
€106.70
Volume
66,579
Avg. Vol
65,635
52-wk High
€152.60
52-wk Low
€99.00

Latest Key Developments (Source: Significant Developments)

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

Wendel Receives From Aptar Group Firm Offer To Acquire CSP Technologies
Monday, 30 Jul 2018 

July 30 (Reuters) - WENDEL SE ::HAS RECEIVED FROM APTAR GROUP A FIRM OFFER TO ACQUIRE ALL SHARE CAPITAL OF CSP TECHNOLOGIES.DEAL ENTERPRISE VALUE OF $555 MILLION OR APPROXIMATELY 13 TIMES ADJUSTED EBITDA.WENDEL ENTERED INTO AN EXCLUSIVITY PERIOD WITH APTAR GROUP TO FINALIZE TRANSACTION.BASED ON THIS OFFER, WENDEL WOULD RECEIVE NET PROCEEDS OF APPROXIMATELY $345 MILLION, OR C. $140 MILLION ABOVE CSP'S VALUATION IN WENDEL'S NET ASSET VALUE.TRANSACTION SHOULD CLOSE IN Q4 OF 2018.BARCLAYS AND GOLDMAN SACHS ACTED AS FINANCIAL ADVISORS TO WENDEL FOR TRANSACTION.  Full Article

Wendel: Repayment Of 350 Million Euros In Bond Debt
Monday, 23 Apr 2018 

April 23 (Reuters) - WENDEL SE ::REPAYMENT OF EUR 350 MILLION IN BOND DEBT ON APRIL 20, 2018.GROSS DEBT REDUCED TO EUR 2,519 MILLION.LOAN-TO-VALUE RATIO OF 13.1% AS OF MARCH 7, 2018.BOND INTEREST EXPENSE REDUCED TO €55 MILLION PER YEAR.TAKING THIS REPAYMENT INTO ACCOUNT, IT HAS EUR 1.3 BILLION IN AVAILABLE CASH.  Full Article

Wendel Net Asset Value As Of November 17, 2017 8,385 Million Euros
Thursday, 30 Nov 2017 

Nov 30 (Reuters) - WENDEL ::NET ASSET VALUE AS OF NOVEMBER 17, 2017: €8,385 MILLION, OR €181.3 PER SHARE‍​.CONSOLIDATED SALES OF €6.2 BILLION OVER NINE MONTHS.  Full Article

BRIEF-Wendel Acquires 4.8 Pct Of Stahl's Capital From Clariant

* REG-WENDEL STRENGTHENS ITS POSITION IN STAHL BY ACQUIRING 4.8% OF THE CAPITAL FROM CLARIANT FOR €50 MILLION