Veolia, which bought 29.9% of Suez from Engie in October, is winning a new round in the battle between the two giants of water and waste treatment.
On the evening of Sunday February 7, Veolia announced the filing of a takeover bid on Suez with the Autorité des marchés financiers (AMF), renouncing its commitment made in October to do so only with the prior approval of the board of directors of its target.
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Suez lawyers, who had anticipated this hostile approach, obtained overnight an interim order from the Nanterre commercial court prohibiting Veolia from submitting an offer that did not respect its friendly commitment.
Neutral
Veolia, which had filed its takeover bid on Monday at dawn and received a notice of filing from the AMF, contested the validity of this night order.
The Nanterre commercial court ruled in his favor on Tuesday.
Recognizing that he did not have territorial jurisdiction, the headquarters of Veolia being located in Paris, he canceled his order.
"The appeal does not
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