WENDEL MATTER: NOT NECESSARY IN THE INVESTIGATION OF THE REORGANIZATION OF THE GROUP

   

In a sequence of dismissal, Judge Renaud Van Ruymbeke pronounced which if a leaders of Wendel completed “significant gains” in reorder of a collateral Wendel, “this actuality alone can not concede a characterization of injustice of association assets” . “These gains were especially generated by a poignant enlarge in a share worth of Wendel in between 2004 as well as 2007, they took advantage, as well as there is no justification which they have spoiled a interests of [the group] “, says a document.

review for “abuse of amicable great as well as concealment” was non-stop in Nov 2008 after filing a censure with a polite Sophie Boegner, a former executive of a family land association Wendel family. M me Boegner, a cousin of Baron Seillière, laid open during a annual assembly of a organisation Wendel, Jun 9, 2008, industrial increase would have done a little of a leaders in this Wendel collateral transaction.

“This statute establishes once again which we have regularly acted in full correspondence with a law as well as in suitability with a interests of Wendel as well as a shareholders” , responded in a matter Ernest-Antoine Seillière, stream authority of a Supervisory Board of Wendel.