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French firm Bureau Veritas shares dip after Wendel sells 23.3M shares, reducing its stake to 21.4%.
French firm Bureau Veritas saw a slight drop in its share price after shareholder Wendel sold 23.3 million shares for €25.40 each, raising about €591 million.
The sale, part of an accelerated bookbuilding placement for institutional investors, reduced Wendel’s stake to approximately 21.4% of the capital and 35% of voting rights from 26.5% and 41%, respectively.
The transaction settles on September 18, 2025, and Wendel has committed to holding its remaining shares for 180 days, with standard exceptions.
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Las acciones de la firma francesa Bureau Veritas caen después de que Wendel venda 23.3 millones de acciones, reduciendo su participación al 21.4%.