Analyst Research

Report Title Price
Provider: Reuters Investment Profile
$20.00
Provider: Sadif Analytics Prime
$25.00

NYSE and AMEX quotes delayed by at least 20 minutes. NASDAQ delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Wendel SA Announces Equity Investment in IHS Holding and Debt Rating Upgrade by S&P


Tuesday, 14 May 2013 01:07pm EDT 

Wendel SA announced that on April 18, 2013, Wendel invested USD 176 million in IHS Holding, more than the USD 125 million initially planned. As a result, Wendel SA now owns more than 30% of the share capital of IHS. Wendel SA also announced that on April 24, 2013, Standard & Poor's announced that it had upgraded its credit rating for Wendel from BB to BB+, with a stable outlook. This decision was motivated by the decline in Wendel's loan-to-value ratio and to the overall improvement in Wendel's risk profile. 

Company Quote

84.5
0.27 +0.32%
11:35am EDT