If Veolia's offer is timely for Engie, it does not happen by chance.
The proposal by Antoine Frérot, CEO of Veolia, to take over almost all of Engie's stake in Suez, responds to a very clear signal sent out at the end of July by the Chairman of the Board of Directors of Engie, Jean- Pierre Clamadieu.
"We are not forbidding each other
,
"
he said of the possibility of relinquishing his minority position in Suez - and in other companies.
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Thanks to Veolia, Engie could put an end to the Suez case
Resulting from the merger of Gaz de France and Suez twelve years ago, Engie combines activities in gas, electricity and energy services.
After several years of questioning about strategy, the Board of Directors announced this summer a major refocusing on energy transition professions.
In this context, the group doubled its objective of disposing of assets, from 4 to 8 billion euros in the medium term.
The sale of its stake in Suez, valued by Veolia at 3 billion, would allow it to
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