SEB SA (SEBF.PA) Key Developments | Reuters.com
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SEB SA (SEBF.PA)

SEBF.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

SEB buys Germany's WMF from KKR in deal worth 1.59 billion euros
Monday, 23 May 2016 03:14pm EDT 

Groupe SEB : Says to buy WMF from KKR . Says to pay 1.02 billion euros for WMF and assume 565 million euros in debt, plus 125 million euros in pension liabilities . SEB says to finance purchase with debt, maintain net debt/EBIDTDA ratio below 3 at end 2016 Further company coverage: [SEBF.PA] (Reporting By William Schomberg) ((william.schomberg@thomsonreuters.com;)).  Full Article

SEB SA confirms FY 2016 guidance
Thursday, 28 Apr 2016 12:30pm EDT 

SEB SA:Group confirms its confidence in its ability to meet the objectives set for 2016, namely to once again achieve organic sales growth and to ensure a new increase in its Operating Result from Activity.  Full Article

SEB comments on FY 2016 guidance, proposes FY 2015 dividend of EUR 1.54/share
Thursday, 25 Feb 2016 12:30am EST 

SEB SA:Expects demand to remain well oriented in Europe and in China, more subdued in United States.Sees for 2016 ‍sharply negative currency impact on revenue and on operating result from activity​.‍Proposed FY dividend of 1.54 euro per share: +6.9 pct​.Says ‍objective in 2016 is to once again achieve organic sales growth and to ensure a new increase in operating result from activity​.Anticipates situation which is likely to remain highly deteriorated in Russia and Brazil.  Full Article

SEB gives full year 2015 guidance
Tuesday, 19 Jan 2016 11:40am EST 

SEB SA:Should report an 2015 operating result from activity close to 430 million euros.‍Ends year with a strengthened financial situation and substantially lower debt than at end-2014.  Full Article

SEB raises its stake in Chinese subsidiary to 81 pct
Tuesday, 22 Dec 2015 12:19pm EST 

SEB SA:Signs agreement with Supor Group, holding company of Su Family, for 50 mln shares or 7.9 pct of capital of Supor at CNY 29 per share​.Cost of transaction amounts to CNY 1,450 million or about 205 million euros.After operation, SEB is to hold 81.03 pct of its Chinese subsidiary and founding family 2.31 pct, remaining stake of 16.66 pct, representing free float.  Full Article

SEB has placed bond issue of 500 mln euros with a term of 7 years
Wednesday, 18 Nov 2015 12:19pm EST 

SEB SA:Has placed a bond issue of 500 million euros ($531.80 million), with a term of 7 years and carries an interest rate of 2.375 percent.Bonds will be listed on Euronext Paris.  Full Article

SEB slightly raises its FY 2015 objectives
Tuesday, 27 Oct 2015 12:40pm EDT 

SEB SA:Slightly raising its FY 2015 objectives.Sees FY 2015 like-for-like sales growth of around 7 pct.Sees FY 2015 like-for-like ORFA growth significantly higher than 30 pct.Assuming a currency effect now estimated in range of a negative 90-100 million euros, reported 2015 ORFA should materially exceed 400 million euros.Expects sales dynamic to remain firm over Q4.  Full Article

SEB raises FY 2015 financial guidance
Thursday, 23 Jul 2015 12:30am EDT 

SEB SA:Raises its 2015 objectives.Sees FY 2015 like-for-like sales growth above 6 percent.Sees FY 2015 improvement in its like-for-like operating result from activity of more than 30 percent.Says 2015 reported operating result from activity should exceed 400 million euros.  Full Article

SEB SA to acquire Swedish OBH Nordica
Thursday, 9 Jul 2015 12:15pm EDT 

SEB SA:Reaches an agreement with funds advised by Triton to purchase 100 percent of shares of the OBH Nordica group, company operating in the small domestic appliance (SDA) industry in Scandinavia.Closing is expected to take place at end of August.  Full Article

SEB announces details of proposed buyback
Monday, 27 Apr 2015 12:24pm EDT 

SEB SA:Announces details of share repurchase program to be submitted for shareholder approval on May 12.Maximum price per share is 100 euros.Total maximum that could be spent is 393,666,000 euros.  Full Article

BRIEF-SEB buys Germany's WMF from KKR in deal worth 1.59 billion euros

* Says to pay 1.02 billion euros for WMF and assume 565 million euros in debt, plus 125 million euros in pension liabilities