PRESS RELEASE - november 14, 2018
Information about IHS holding
As of November 14, 2018, all IHS Banks in Nigeria have now released all cash previously restricted in connection with Post No Debit Orders received from the EFCC. As a reminder, to IHS` knowledge, no formal allegation or investigation against IHS has been notified to them as part of the EFCC`s enquiries.
2018 Investor Day / Publication of NAV and trading update (pre-market release).
2018 Full-Year Results / Publication of NAV as of December 31, 2018 (pre-market release).
Wendel is one of Europe`s leading listed investment firms. The Group invests in Europe, North America and Africa in companies which are leaders in their field, such as Bureau Veritas, Saint-Gobain, Cromology, Stahl, IHS, Constantia Flexibles and Allied Universal. Wendel plays an active role as a controlling or lead shareholder in these companies. We implement 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 is also a shareholder of Mecatherm in France, Nippon Oil Pump in Japan, PlaYce and Tsebo in Africa.
Wendel is listed on Eurolist by Euronext Paris.
Standard & Poor`s ratings: Long-term: BBB-, stable outlook - Short-term: A-3 since July 7, 2014
Moody`s ratings: Long-term: Baa2, stable outlook - Short-term: P-2 since September 5, 2018
Wendel is the Founding Sponsor of Centre Pompidou-Metz. In recognition of its long-term patronage of the arts, Wendel received the distinction of "Grand Mécène de la Culture" in 2012.
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Source: WENDEL via GlobeNewswire