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Wendel SE (MWDP.PA)

MWDP.PA on Paris Stock Exchange

94.92EUR
22 Jul 2016
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Latest Key Developments (Source: Significant Developments)

Wendel renews partnership with Centre Pompidou-Metz
Tuesday, 5 Jul 2016 09:15am EDT 

Wendel SE :Wendel renews its partnership with the Centre Pompidou-Metz for a further five years.  Full Article

Wendel acquires 40 pct stake in SGI Africa
Tuesday, 28 Jun 2016 12:00pm EDT 

Wendel SE : Has signed an agreement to acquire 40 pct of capital of SGI Africa, alongside CFAO Group . Will gradually invest, through Oranje-Nassau Développement, up to 120 million euros ($132.56 million) in SGI Africa over next few years .Povided certain customary conditions are met, Wendel will make an initial investment in SGI Africa of around 25 million euros.  Full Article

Wendel successfully repurchases 400 mln euro bond
Monday, 13 Jun 2016 12:59pm EDT 

Wendel SE : Full success of offer to repurchase 400 million euros ($451.3 million) of bonds . Has successfully repurchased its 2017, 2018 and 2019 bond issues under its tender offer ("repurchase offer"), up to a maximum amount of 400 million euros (excluding accrued interest) . Wendel has cancelled an undrawn, 350 million euros bank credit line with margin calls, maturing in December 2019 .Total amount of undrawn credit lines is now 1.15 billion euros, with maturities extending from November 2019 to March 2020.  Full Article

Wendel sells 5.3% stake in Saint-Gobain, issues 500 million euro bond
Wednesday, 4 May 2016 02:00am EDT 

Wendel SA:Announces the completion of the sale of 5.3 pct stake in Saint-Gobain and the successful issue of an exchangeable bond of about 500 million euros.  Full Article

Wendel to sell 30 million Saint-Gobain shares
Monday, 2 May 2016 08:00pm EDT 

Wendel SA:Sale of 30 million Saint-Gobain shares, i.e. 5.3 pct of Saint-Gobain’s share capital.Issue of a ca. 500 million euros bond exchangeable into Saint-Gobain shares.10 million share buyback by Saint-Gobain in the placement.  Full Article

Wendel unit Constantia Flexibles acquires Oai Hung Co
Wednesday, 27 Apr 2016 12:00pm EDT 

Wendel SA:Subsidiary Constantia Flexibles acquires pharmaceutical packaging manufacturer Oai Hung Co.  Full Article

Wendel proposes dividend of 2.15 euro
Thursday, 31 Mar 2016 01:30am EDT 

Wendel SA:Proposes dividend of 2.15 euro per share.  Full Article

Wendel to support CSP Technologies in Maxwell Chase Technologies deal
Wednesday, 16 Mar 2016 01:00pm EDT 

Wendel SA:CSP Technologies to acquire Maxwell Chase Technologies Wendel will support.CSP Technologies in this strategic acquisition with new equity investment of about $29 million in company.  Full Article

Wendel ‍opens exclusive negotiations to sell Parcours​
Wednesday, 17 Feb 2016 02:12am EST 

Wendel SA:Opens exclusive negotiations with ALD Automotive with view to selling Parcours​.Says for Wendel net proceeds of transaction would total about 250 million euros.Transaction is expected to close inH1 2016, provided necessary regulatory approvals are received.  Full Article

Wendel says Saint-Gobain confirms its action plan priorities for full-year
Thursday, 3 Dec 2015 01:30am EST 

Wendel SA:Saint-Gobain confirms its action plan priorities for full-year.Saint-Gobain rolls out cost cutting plan in order to unlock additional cost savings of 170 million euros in H2 2015 versus H2 2014.Saint-Gobain plan represents total cost savings of 360 million euros in 2015 compared to 2014.Saint-Gobain to pursue a capital expenditure program reduced to around 1,400 million euros.Saint-Gobain pursues its plan to acquire a controlling interest in Sika pending decision in first instance of zug court expected during H1 2016.  Full Article

BRIEF-Wendel sells 30 million Saint-Gobain shares for about 1.2 billion euros

* Announces the completion of the sale of 5.3 pct stake in Saint-Gobain and the successful issue of an exchangeable bond of about 500 million euros ($574.20 million)