Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Wendel    MF   FR0000121204

WENDEL

(MF)
  Report  
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

WENDEL : sells Deutsch to TE Connectivity

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/04/2012 | 10:54am EDT
PRESS RELEASE April 3, 2012 Wendel sells Deutsch to TE Connectivity

After obtaining the necessary authorizations, Wendel and the Painvin family sold Deutsch to the industrial group TE Connectivity on April 3, 2012. The enterprise value is about $2.1 billion and Wendel's net proceeds amount to

€959 million.

About Wendel

Wendel is one of Europe's leading listed investment firms. The Group invests in France and abroad, in companies that are leaders in their businesses: Bureau Veritas, Legrand, Saint-Gobain, Materis and Stahl. Wendel plays an active role as industry shareholder in these companies. It implements long-term development strategies, which involve boosting growth and margins of companies so as to enhance their leading market positions. Through Oranje-Nassau Développement, which brings together opportunities for investment in growth, diversification and innovation, Wendel also invests in Van Gansewinkel Groep in the Netherlands, exceet in Germany, and Mecatherm and Parcours in France.
Wendel is listed on Eurolist by Euronext Paris and is included in the Next 20 index.
Standard & Poor's rating: Long term: BB-, negative outlook - Short term: B since October 10, 2011.
Wendel is the founding sponsor of the Centre Pompidou-Metz, which on September 23, 2011, welcomed about 1.2 million visitors since opening its doors in May 2010.
As a result of its commitment for a long time in the field of Culture, Wendel received the title of Major Partner of the French
Ministry of Culture on March, 23th 2012.

Press contacts Analyst/Investor contacts

Christine Anglade-Pirzadeh: +33 (0)1 42 85 63 24 Laurent Marie: +33 (0)1 42 85 91 31 c.angladepirzadeh@wendelgroup.com l.marie@wendelgroup.com
Christèle Lion: +33 (0)1 42 85 91 27 Olivier Allot: +33 (0)1 42 85 63 73 c.lion@wendelgroup.com o.allot@wendelgroup.com

1

distributed by

This press release was issued by Wendel SA and was initially posted at http://www.wendel-investissement.com/images/element_liste_libre_en/uk_2012_april_3_cp_-deutsch-sale. pdf . It was distributed, unedited and unaltered, by noodls on 2012-04-04 07:30:36 AM. The issuer is solely responsible for the accuracy of the information contained therein.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on WENDEL
04/25WENDEL : Solid start to the year with 5.8% revenue growth at constant currency -..
PU
04/24WENDEL : 2018 Corporate responsibility & sustainability report
PU
04/23WENDEL : Successful issue of €300 million 7-year bond issue bearing interest at..
AQ
04/23WENDEL : extends its debt maturities
AQ
04/18WENDEL : Bureau Veritas acquires Shenzhen Total-Test to further expand in the fo..
PU
04/18WENDEL : Availability of the 2018 registration document
GL
04/17WENDEL : Effective start of Wendel's €200 million share repurchase
GL
04/12WENDEL : Stahl signs Memorandum of Understanding with Applied DNA Sciences to br..
PU
04/08WENDEL : Allied Universal Acquires Securadyne Systems to Offer Highly Advanced T..
AQ
04/05WENDEL : Annual General Meeting set for May 16, 2019
GL
More news
Financials (€)
Sales 2019 8 772 M
EBIT 2019 968 M
Net income 2019 84,0 M
Debt 2019 5 045 M
Yield 2019 2,50%
P/E ratio 2019 49,59
P/E ratio 2020 34,65
EV / Sales 2019 1,21x
EV / Sales 2020 1,18x
Capitalization 5 540 M
Chart WENDEL
Duration : Period :
Wendel Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WENDEL
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 139 €
Spread / Average Target 16%
EPS Revisions
Managers
NameTitle
André François-Poncet Group CEO
Nicolas ver Hulst Chairman-Supervisory Board
Jerôme Michiels Chief Financial Officer
Gérard Lamy Director of Research
Aziz Sedrati Director-Information Technology
Sector and Competitors
1st jan.Capitalization (M$)
WENDEL14.33%6 169
WORLDPAY INC47.51%35 314
CINTAS CORPORATION27.86%22 315
LG CORP--.--%11 304
EDENRED30.46%11 231
INTERTEK GROUP11.50%11 074