In its fight to launch a takeover bid on Suez, Veolia lost a round before the Paris Court of Appeal on Thursday morning;
but the group, which has owned 29.9% of its rival since the beginning of October, won another before the Nanterre Commercial Court in the afternoon.
In an ordinance that Le Figaro was able to consult,
"Suez is forbidden to take any decision likely to result in the irrevocability of the device put in place on September 23, 2020 by the board of directors until the next meeting. general.
"
Read also:
Ardian is studying an offer on Suez to counter Veolia
By this order, which must be issued to Suez by Veolia to become effective, the president of the commercial court prohibits the first of the two groups from activating the poison pill which must dissuade the second from launching its takeover bid.
This pill is a foundation under Dutch law blocking the sale of the Suez Eau France subsidiary;
this sale is the cornerstone found by Veolia to have its takeover bid accepted by Brussels.
Following the
This article is for subscribers only.
You have 75% left to discover.
Subscribe: 1 € the first month
Can be canceled at any time
Enter your email
Already subscribed?
Log in