Business

Veolia reaffirms its share in Suez is not for sale

Published byVeoliaPartner organisation
1 min read
Veolia reaffirms its share in Suez is not for sale
Usine de production d’eau potable de Pech David. La salle de commande.

During the board of directors meeting on Monday February 1, the directors of Veolia unanimously reaffirmed their refusal to sell or exchange, directly or indirectly, the 29.9% that Veolia owns in the capital of Suez, and their determination to carry out their merger project between Veolia and Suez.

Veolia remains open to discussions with the Board of Directors of Suez on Veolia’s merger project as detailed in its communication of January 7.

Last month Suez announced that French investment fund Ardian and U.S.-based Global Infrastructure Partners (GIP) had proposed a bid for the whole company, as an alternative to Veolia’s plan.

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