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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