Results – Wendel reports a 5.1% rise in its revalued net asset value at the end of September compared with 30 June, and a 2.4% increase year-on-year. After a first-quarter dip, the investment holding company led by Laurent Mignon attributes the gain “primarily to the rebound in market multiples”. It also highlights the strength of its third-party asset management platform and the “value crystallisation” across its legacy portfolio of holdings.
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