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Wendel SE (MWDP.PA)

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Thu, May 18 2017

BRIEF-Wendel confirms outlook for FY 2017

* GROWTH IN Q2 OF 2017 WILL BE PENALIZED BY AN ADVERSE CALENDAR EFFECT AND DETERIORATION OF MARINE REVENUE. Source text for Eikon: See also: Further company coverage: (Gdynia Newsroom)

UPDATE 1-LPC-Bankers line up 800 mln euros debt financing for Constantia Labels sale

LONDON, May 17 Bankers are preparing around 800 million euros of debt financing to back a potential sale of German packaging group Constantia Labels by its owner private equity group Wendel, banking sources said.

UPDATE 1-German packaging group Constantia Labels up for sale -sources

* First-round bids due at the end of May (Adds names of prospective buyers, background)

German packaging group Constantia Labels put on block - sources

FRANKFURT, May 12 Buyout group Wendel has put German packaging group Constantia Labels on the block in a deal that could be worth more than 1 billion euros ($1.1 bln), as it seeks cash for investments in a sister company, two people familiar with the matter said.

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