The dialogue of the deaf between Suez and Veolia continues, making a friendly marriage between the two French water and waste giants more and more improbable.
After buying 29.9% of the capital of its rival from Engie in early October, Veolia filed a proposed public tender offer (takeover bid) on Suez with the Autorité des marchés financiers (AMF) on February 8.
An inevitable operation, but to which the board of directors of Suez remains fiercely opposed.
To read also:
Philippe Varin: "The council of Suez would agree to receive Antoine Frérot if Veolia modified its offer"
Thursday, Antoine Frérot however proposed to the administrators of Suez, who refuse to receive it, a "exit from the top".
In its initial project, Veolia proposed to sell the activities of Suez in water in France to the investment fund Meridiam.
Activities that he could not keep for reasons of competition.
"No serious progress"
From now on, Veolia offers Suez
"to preserve its activities in France within the same group"
, adding to the water the activities of Suez in waste management.
“This represents more than 5 billion
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