Wendel SE (FRA:WIS)
€ 95.8 1.9 (2.02%) Market Cap: 4.02 Bil Enterprise Value: 8.26 Bil PE Ratio: 8.53 PB Ratio: 1.24 GF Score: 67/100

Wendel SE to Acquire ACAMS M&A Call Transcript

Jan 24, 2022 / 01:30PM GMT
Release Date Price: €99.3 (+0.30%)
David Darmon
Wendel - Deputy CEO & Member of Executive Board

Thank you very much, and good afternoon, everyone, and good morning to our U.S. partners. Before we start this presentation, let's note that ACAMS is currently owned by Adtalem, a U.S.-listed company. We cannot interfere with their own financial communication and we will focus on Wendel's own aggregates, computations and forward-looking performance expectations in the following discussion.

So if I'm turning to Slide 2 of our presentation. We announced this morning the signing of a binding commitment to acquire ACAMS, the Association of Certified Anti-Money Laundering Specialists, which is a global leader in training and certification for anti-money laundering and financial crimes prevention professionals.

The company was founded roughly 20 years ago, and it has developed a unique knowledge of global financial crime activity and of the corresponding regulatory framework that help clients remain at the top and forefront of compliance regulations.

ACAMS' key certification called CAMS, Certified Anti-Money

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