Wendel 2002 loss deepens on Cap Gemini provision


PARIS, March 26 (Reuters) - French investment firm Wendel Investissement posted a sharply wider 2002 net loss of 650 million euros on Wednesday after making a giant provision for the devaluation of its stake in Cap Gemini Ernst & Young . It a statement Wendel, which recently jointly purchased electrical switch maker Legrand after its failed merger with Schneider Electric , said it had dived to a 650 million net loss from a 379 million net loss a year earlier, after making a 734 million ...

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