XTRA:HEN3Household Products
Henkel Acquisition Of Stahl Raises Questions On Earnings Mix And Valuation
Henkel KGaA has agreed to acquire Stahl, a global provider of specialty coatings for flexible materials, from Wendel.
The transaction adds a coatings focused business to Henkel's portfolio in specialty materials.
Investors in XTRA:HEN3 may view the deal as relevant for Henkel's positioning in higher value industrial applications.
Henkel KGaA, traded as XTRA:HEN3, is entering this transaction with its shares at €79.12. The stock is up 8.4% over the past week, 14.0% over the past month, and...