Brief: Wendel To Create Iron Wave Spin Off

Wendel SE

24/10/2025 09:54

Oct 24 (Reuters) - Wendel SE MWDP.PA said on Friday:

WENDEL GROWTH UNIT TO BECOME IRON WAVE, PENDING REGULATORY APPROVAL

WENDEL WILL RETAIN 30% STAKE, WITH WENDEL GROWTH FOUNDERS TO HOLD 70% STAKE

WE HAVE SERIOUS INTEREST FROM MAJOR INSTITUTIONAL INVESTORS THAT WILL SUPPORT THIS - CEO IN MEDIA CALL

 Source text for Workspace: https://tinyurl.com/46zabbus
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 (Gdansk Newsroom)

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