XTRA:HEN3Household Products
Henkel Talks Stahl Deal To Rebalance Portfolio Toward Specialty Coatings
Henkel KGaA (XTRA:HEN3) has confirmed it is in acquisition discussions with Wendel SE regarding Stahl Holdings B.V.
The company described the talks as ongoing, with no binding agreement announced at this stage.
The confirmation marks a new development in Henkel's merger and acquisition activity that had not been publicly detailed before.
Henkel KGaA, trading at €74.16, comes into these talks with a mixed share price record, including a 22.5% return over 3 years, a 9.2% decline over the past...