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Suez calls on its shareholder Veolia to finally present a firm takeover bid

2020-11-05T19:09:15.301Z


Philippe Varin, president of Suez, mocks the “alleged non-binding offer” of his rival.No one pretends to seek friendship between Veolia and Suez anymore. Tuesday, faced with the refusal of the leaders of Suez to discuss with those of Veolia since the purchase of 29.9% of the first group by the second in early October, Antoine Frérot, the CEO of Veolia, changed tone. He accuses the management of Suez of keeping "double talk" , of carrying out "a scorched earth policy" by addressing


No one pretends to seek friendship between Veolia and Suez anymore.

Tuesday, faced with the refusal of the leaders of Suez to discuss with those of Veolia since the purchase of 29.9% of the first group by the second in early October, Antoine Frérot, the CEO of Veolia, changed tone.

He accuses the management of Suez of keeping

"double talk"

, of carrying out

"a scorched earth policy"

by addressing

"a systematic end of inadmissibility"

to all his proposals.

He threatens to have the Suez council removed from office at the next general assembly.

Read also:

Veolia ready to return to the Suez attack

Thursday, Philippe Varin, the president of Suez, responded sharply in a letter that he made public.

"On the form, the contempt you show and the terms you use with regard to Suez, its teams, its governance and its values ​​are particularly shocking"

, points out the leader.

A gulf separates the leaders of the two French groups.

Those who bet on a de-escalation after the acquisition of the shares held by

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Source: lefigaro

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