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Veolia announces that it has filed a tender offer for the 70.1% of Suez capital that it does not hold

2021-02-07T21:04:12.890Z


Veolia's board of directors met on Sunday February 7 at the end of the day to decide to launch an offer at 18 euros per share.


The Veolia group announced on Sunday evening to file a purchase offer on the 70.1% of the capital of Suez that it does not hold, giving up obtaining the agreement of the board of directors of its competitor who "

multiplied the actions intended to obstruct his

"friendly redemption

proposal,

" he said.

Read also: Veolia recovers its voting rights at Suez

Considering that "

Veolia's corporate interest and good market information deserve clarification in the face of ambiguous maneuvers and declarations by Suez, Ardian and GIP

", the board of directors of the water and waste champion has decided to "

A public takeover bid in cash at a price of 18 euros,

" said a press release. Veolia bought in October 29.9% of the capital of Suez.

Source: lefigaro

All business articles on 2021-02-07

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