Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Wendel    MF   FR0000121204

My previous session
Most popular
News SummaryMost relevantAll newsOfficial PublicationsSector newsTweetsMarketScreener Strategies

WENDEL : sells Deutsch to TE Connectivity

share with twitter share with LinkedIn share with facebook
share via e-mail
04/04/2012 | 04:54pm CET
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


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
Latest news on WENDEL
11/14WENDEL : Information about IHS holding
11/02GLOBAL MARKETS LIVE : Apple, Spotify, Wendel, Rothschild...
11/01WENDEL : Wendel agrees to sell Nippon Oil Pump Co., Ltd. to CITIC Capital Japan..
10/30WENDEL : Wendel announces the completion of the sale of 4.73% of Bureau Veritas'..
10/29WENDEL : Wendel sells 4.73% of Bureau Veritas' share capital
10/26WENDEL : Allied Universal completes acquisition of U.S. Security Associates for ..
10/26WENDEL : Allied Universal completes acquisition of U.S. Security Associates for ..
10/24WENDEL : Mark Molnar Named Member of ACEC NY Design-Build Committee
10/19WENDEL : Co-optation of Philippe Lazare as a member of the Board of Bureau Verit..
10/18WENDEL : Bureau Veritas is awarded the GEEIS label for its commitment to gender ..
More news
News from SeekingAlpha
03/26Wendel Investissement 2017 Q4 - Results - Earnings Call Slides 
2017High Quality French Blue Chip St. Gobain Hardly Gets A Nod In The U.S. 
2017Wendel Investissement 2016 Q4 - Results - Earnings Call Slides 
2017Wendel Investissement reports FY results 
20173I GROUP : A Cheap And Under-Followed Private Equity Company With Good Growth Pr.. 
Financials (€)
Sales 2018 8 498 M
EBIT 2018 891 M
Net income 2018 10,5 M
Debt 2018 4 923 M
Yield 2018 2,53%
P/E ratio 2018 -
P/E ratio 2019 284,81
EV / Sales 2018 1,19x
EV / Sales 2019 1,17x
Capitalization 5 206 M
Duration : Period :
Wendel Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends WENDEL
Short TermMid-TermLong Term
Income Statement Evolution
Mean consensus OUTPERFORM
Number of Analysts 9
Average target price 149 €
Spread / Average Target 32%
EPS Revisions
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$)
WENDEL-22.09%5 945
WORLDPAY INC7.04%25 602
LG CORP--.--%11 051
BUREAU VERITAS-14.59%9 824