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Veolia reaffirms its share in Suez is not for sale

  • Veolia reaffirms its share in Suez is not for sale
    Image: Credit Veolia

About the entity

Veolia
Veolia Water Technologies specializes in water treatment solutions and provides the complete range of services required to design, build, maintain and upgrade water and wastewater treatment facilities for industrial clients and public authorities.
Schneider Electric

Themes

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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