VEOEY - Veolia and SUEZ sign combination agreement and MOU with major stakeholders

Veolia (VEOEY) and SUEZ sign a combination agreement, enabling Veolia to acquire the strategic assets needed to pursue its goal of building a global champion in ecological transformation, while guaranteeing a coherent and sustainable industrial and social footprint for the new SUEZ.Acquisition price per share of the SUEZ Group will be raised to €20.50.At the same time as the closing of Veolia’s public offer, GIP and Meridiam, each with a 40% stake, and the Caisse des Dépôts et Consignations Group, with a 20% stake, would become shareholders of the new SUEZ. Antoine Frérot, Chairman and CEO of Veolia, said: “This agreement represents a giant step forward for Veolia, for the French approach to ecological transformation, and for the preservation of the environment. I am very happy to welcome the SUEZ teams to be soon part of our project to build the world champion of ecological transformation, and very satisfied that we will also

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Veolia and SUEZ sign combination agreement and MOU with major stakeholders