January 3, 2019 / 4:39 PM / 6 months ago

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

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 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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