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After a weekend of tensions, a decisive day for the future of Suez

2020-10-04T19:08:42.770Z


Engie is meeting its board of directors this Monday evening. Bercy calls for an agreement between Suez and Veolia.


A white-hot social body and a supercharged atmosphere.

The tension rose further on Sunday in the Suez file.

Discussions between Suez and Veolia since last Wednesday have indeed come to an end.

On the eve of the deadline, on Monday, of Veolia's offer to Engie to buy back its 29.9% of Suez, the president of the latter company, Philippe Varin, wrote to his rival:

"We consider with the board of directors of Suez met

(this Sunday, Editor's note)

that the proposed operation (...) remains hostile. "

Read also:

Between Suez and Veolia, the lines are moving

For four days, the management of Suez - Philippe Varin and the CEO Bertrand Camus - and of Veolia - the CEO Antoine Frérot - have met every day, in the presence or not of the president of Engie, Jean-Pierre Clamadieu, and the file was followed hour by hour at the Ministry of the Economy.

The objective had been set by Bruno Le Maire, who had obtained a period of a few more days to achieve it: to achieve an accepted project

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Source: lefigaro

All business articles on 2020-10-04

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