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GHD Benefit Styler chi flat irons cheap Wendel announced yesterday it had entered into exclusive discussions with Ares Life Sciences in view to selling its 46% stake in the laboratory of immuno-allergology Stallergenes, for 359 million euros. Ares Life Sciences is an investment company credit ed by the Bertarelli family, specializing in the healthcare industry. The operation, which takes place at a price of 59 euros per share, allows one to pocket Wendel capital gain of 300 million euros. The investment company, which owns shares Stallergenes for seventeen years, should sell its stake to up to 35 multiple times its initial investment. During this period, the turnover of Stallergenes increased from 20 million euros in 1993 to 193 million in 2009. Last year, his profit amounted to 22.2 million. The course of Stallergenes finished 64.50 euros Paris yesterday. "This offer is both a very good financial offer and a good proposal Industrial, said last night during a conference call Frederic Lemoine, pre Chairman of the Executive Board of Wendel. The investment company Ares Life Sciences has in effect intended to invest in the pharmaceutical industry. She hopes to continue and amplify the d chi flat iron evelopment Stallergenes from its establishment in France, by disseminating its products internationally, particularly in the U.S. market. "The experience of the Bertarelli family teams and Ares Life Sciences in the pharmaceutical industry, illustrated ed by the success of Serono, should accelerate the strategic project Stallergenes, "the statement said the group. If successful, Wendel expects to use proceeds from the sale to reduce its debt and new investments. The holding in February 2011 has a maturity bond of 330 million euros. Debt, net of protection purchased to secure its investment in Saint-Gobain and its cash stood at just under 5 billion euros. chi flat irons CHI Ceramic Flat Iron chi flat irons discount WEE CHI Flat Iron