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Suez and Veolia have reached an agreement for a merger

2021-04-12T08:10:52.520Z

This is what these two French groups present in water and waste announced in a press release, putting an end to several months of



Veolia and Suez announced on Monday that they had reached an agreement for a merger, putting an end to several months of media and legal battle between these two French groups present in water and waste.

The two companies finally agreed on a price of 20.50 euros per Suez share, while Veolia initially offered 18 euros, an amount deemed insufficient by its rival.

This merger should allow the constitution of a "world champion of ecological transformation", with a turnover of around 37 billion euros, according to a statement from Veolia.

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Suez-Veolia: 5 minutes to understand the “water battle”

Source: leparis

All business articles on 2021-04-12

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