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The new Suez must find a leader

2021-06-18T09:43:53.830Z

The latest proposal from the Meridiam-GIP-CDC consortium has been validated by the company's board. Meeting on Tuesday, Suez's board of directors validated the latest proposal from the Meridiam-GIP-CDC consortium for the takeover of the assets - representing 7 billion euros in turnover - constituting the new Suez. The scope was finalized, which made it possible to agree on the price, in line with the 20.50 euros per Suez share that Veolia will pay as part of its takeover bid. To read also: Bert



Meeting on Tuesday, Suez's board of directors validated the latest proposal from the Meridiam-GIP-CDC consortium for the takeover of the assets - representing 7 billion euros in turnover - constituting the new Suez.

The scope was finalized, which made it possible to agree on the price, in line with the 20.50 euros per Suez share that Veolia will pay as part of its takeover bid.

To read also:

Bertrand Camus: "I decided not to be part of the adventure of the new Suez"

Bertrand Camus, CEO of Suez, warned the other directors that he did not want to lead the new entity.

The trio of shareholders will start looking for a leader.

They will have to define a profile - more operational?

more international?

- then determine whether they want it to come from inside or outside the company.

This will be an opportunity to see if the three members of the consortium are on the same wavelength.

International ambition

Bertrand Camus does not leave immediately and will continue to carry out the two ongoing operations.

We must first organize the integration

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Source: lefigaro

All business articles on 2021-06-18

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