The Limited Times

Now you can see non-English news...

Jean-Pierre Clamadieu: "There is space for an agreement between Veolia and Suez by Monday"

2020-09-30T22:02:40.487Z


EXCLUSIVE - In an interview with Le Figaro on Wednesday evening when he left the Board of Directors of Engie, Jean-Pierre Clamadieu, the president of the energy company, welcomes the improved offer presented by Veolia to buy him 29.9% of Suez.


Le Figaro.

- Veolia's offer to buy 29.9% of Suez from Engie at a price of 18 euros per share expired on Wednesday evening.

How did you convince Antoine Frérot, CEO of Veolia, to wait?

Jean-Pierre Clamadieu.

- Engie has something that he is very keen to buy.

We have looked at Veolia's offer very carefully, and we are satisfied with its price and social commitments.

It also included friendly commitments, but on the condition that Suez renounce its foundation.

This five-day period should allow this point to be exceeded, and for Veolia to make an unconditional commitment to a friendly offer.

We hope for a dialogue.

It could have taken place on Tuesday, but the meeting that was held collapsed.

Read also: Suez-Veolia-Engie: under the watchful eye of the State, a month of pitched battle between three French giants

How can you put pressure on Suez to drop this foundation?

The reaction of Place de Paris was unanimous enough to consider that this approach was surprising and had no place in such a process.

We have

This article is for subscribers only.

You have 80% left to discover.

Subscribe: 1 € the first month

Can be canceled at any time

Enter your email

Already subscribed?

Log in

Source: lefigaro

All business articles on 2020-09-30

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.