Wendel shares gain after Stahl stake sale

Wendel SE

04/02/2026 08:38

** Shares in Wendel MWDP.PA rise around 4.5% after the French private equity firm sold its stake in Stahl Group to Henkel  HNKG.DE in a deal totalling 2.1 billion euros ($2.5 billion)

** Wendel, which owned 68.5% of the capital, will receive around 1.2 billion euros, it said in a press release on Wednesday

** The net proceeds correspond to 6.6 times its total investment in the group since 2006, the firm noted

** The stock outperforms the wider French SBF120 index .SBF120, which is up around 0.6%

** Henkel HNKG.DE shares are up 0.21%

($1 = 0.8452 euros)

 (Reporting by Jakob Van Calster)

 ((jakob.vancalster@thomsonreuters.com))