SZEVY News and Press, SUEZ ADR Repstg 1/2 Com Shs From 04/12/21

At a time when the U.S. is debating a major infrastructure bill, leading European rivals Veolia Environment (OTC: VEOEY) and Suez Environment (OTC: SZEVY) have agreed to merge after several months of contentious discussions. The deal will have Veolia purchase Suez for 20.50 ...

Veolia Environnement (VEOEY) and Suez (SZEVY) announce an agreement in principle to merge that values Suez at nearly €13B ($15.44B), ending a long-running and bitter takeover battle between the two French companies.Veolia agreed to pay €20.50/share for the ~70% of Suez it does n...

Suez SA (SZEVF) Q4 2020 Results Conference Call February 26, 2021 02:30 AM ET Company Participants Philippe Varin - Chairman Bertrand Camus - Chief Executive Officer Julian Waldron - Chief Financial Officer Conference Call Participants Ahmed Farman - Jefferies Juan Rodriguez - Kepler Olivier ...

Veolia Environnement (VEOEY) was ordered by a French court to suspend its hostile attempt to buy Suez (SZEVY), the latest escalation in the long-running takeover battle between the rival French environmental services firms.Veolia must hold off on making any bid that has not been approved by S...

Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify. Renaissance hedge funds hit with $5B in redemptionsJim Simons' Renaissance Technologies has seen at least $50B in redemption since the start of December, B...

Veolia Environment (VEOEY) confirms it will launch an offer to buy all of French water utility Suez (SZEVY), valuing its rival at €11.3B ($13.6B), after abandoning attempts to win the backing of the company's board.Veolia says it is bidding €18/share for the 70.1% of the company...

Ardian and Global Infrastructure Partners have approached Suez with an €11.31B ($13.66B) takeover offer as an alternative to a bid from Veolia Environnement (VEOEY).Suez (SZEVY) said late Sunday that its board unanimously backed a proposal from Ardian and GIP to buy Suez shares at ...

Veolia ([[VEOEY]] +1.3%) says it sent an offer to the Suez (SZEVY) board to buy the 70.1% of the company's shares it does not already own, urging management to end its opposition to the deal.Veolia plans to make an offer at €U18/share - unchanged from its initial offer, which values Su...

Engie appoints Catherine MacGregor, another powerful female CEO, after controversial termination of previous CEO Isabelle Kocher. Engie's views on natural gas are complex; it is still backing Russian Nord Stream 2 gas pipeline to Germany, while not proceeding with a US natural gas dea...

It remains unclear whether Veolia will be able to complete its proposed takeover of Suez. In the meantime, Veolia keeps delivering strong operational performance and implements organic growth projects. Veolia's stock trades at a sharp discount to other large waste and water utilit...