Wendel SE MWDP.PA:
* WENDEL LAUNCHES THE SALE OF APPROXIMATELY 9% OF THE CAPITAL OF BUREAU VERITAS
* REITERATES ITS CONFIDENCE IN THE STRATEGY OF BUREAU VERITAS, WILL REMAIN THE LEADING SHAREHOLDER AND WILL RETAIN CONTROL
* THE OPERATION AIMS TO ALLOW A REALLOCATION OF WENDEL’S ASSETS, AS PART OF ITS STRATEGIC ROADMAP
* THE SALE SHOULD ALLOW WENDEL TO RELEASE APPROXIMATELY 1.1 BILLION EUROS IN LIQUIDITY
* AS PART OF THIS OPERATION, THE LAC1 FUND, MANAGED BY BPIFRANCE, HAS COMMITTED TO ACQUIRING APPROXIMATELY 4% OF THE CAPITAL OF BUREAU VERITAS
* BUREAU VERITAS HAS COMMITTED TO PARTICIPATE IN THE ACCELERATED PROCEDURE FOR CONSTITUTING THE ORDERBOOK IN ORDER TO PURCHASE APPROXIMATELY 0.8% OF ITS CAPITAL
* WENDEL WILL REMAIN THE MAIN AND CONTROLLING SHAREHOLDER OF BUREAU VERITAS, WITH APPROXIMATELY 26% OF THE CAPITAL AND 41% OF THE VOTING RIGHTS AFTER THE OPERATION
Original text on WorkSpace: For more details, click MWDP.PA
(Gdansk editorial office)