Having divested a number of assets for several years, first to contribute to its financial deleveraging and secondly to reimburse the debt related to the investment in Saint-Gobain, Wendel has entered into a new investment cycle. A four-year strategic programme of development was announced in 2013, with the objective to invest €2bn over 2013-17. 2013 and 2014 went down as years of portfolio changes and, at the same time, as the start and implementation of the investment strategy. Wendel&
29 Jul 2015
Properly balanced asset base
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Properly balanced asset base
Wendel SE (MF:PAR) | 0 0 1.4% | Mkt Cap: 6,531m
- Published:
29 Jul 2015 -
Author:
Pierre-Yves Gauthier -
Pages:
3
Having divested a number of assets for several years, first to contribute to its financial deleveraging and secondly to reimburse the debt related to the investment in Saint-Gobain, Wendel has entered into a new investment cycle. A four-year strategic programme of development was announced in 2013, with the objective to invest €2bn over 2013-17. 2013 and 2014 went down as years of portfolio changes and, at the same time, as the start and implementation of the investment strategy. Wendel&