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Suez (SZEVY) slides as much as 5% in European trade after French private equity firm Ardian said it will not make an alternative offer to buy most of Engie's (ENGIY) stake in the French water and waste utility, which is the target of an approach by rival Veolia (VEOEY).Shares in Engie, which ...
Veolia Environnement (VEOEY) raises its offer for the majority of Engie's (ENGIY) stake in waste management company Suez (SZEVF), now offering €18/share, or ~€3.4B ($4B) for 29.9% of Suez.Veolia also says its new offer, up from €15.5/share previously, will expire by the e...
Séché Environnement is a French micro-cap waste management company, with a focus on hazardous waste. The company trades at less than 5x its 2019 EBITDA and enjoys solid growth prospects in emerging markets like South Africa and Chile. Séché's controlling shareh...
Veolia Environnement (VEOEY) CEO Antoine Frerot tells France's National Assembly that he will not extend the deadline for Veolia's offer to acquire Engie's (ENGIY) stake in Suez (SZEVF), currently set for Sept. 30.Suez, which says the offer raises several concerns, rejects the Sept. 30 deadli...
French utility Suez ( OTCPK:SZEVF ) , which hopes to thwart a takeover approach by rival Veolia Environnement ( OTCPK:VEOEY ) , says it is in exclusive talks to sell €1.1B ($1.3B) of assets to PreZero, a waste treatment unit of Germany's Schwarz Group. More news on: Suez SA, Veo...
Last week, Veolia offered to buy its rival Suez, in order to create a global leader in water and waste management services. Veolia ( OTCPK:VEOEF , OTCPK:VEOEY ) would start by acquiring the majority of Engie's ( OTCPK:ENGIY , OTCPK:GDSZF , OTCPK:ENGQF ) 32% stake in Suez ( OTCPK:SZEVF , ...
Dragonfly zones: wetlands placed below wastewater treatment plant. Source: Suez Water is increasingly becoming an issue but it isn't fashionable. There are risks for many businesses in relation to water stress. While agriculture, food and beverage industries may be most at risk, fossil...
Veolia Environnement's ( OTCPK:VEOEY ) offer to buy the majority of Engie's ( OTCPK:ENGIY ) stake in Suez ( OTCPK:SZEVF ) for 2.9B ($3.4B) is too low and there may be alternative bids, Engie Chairman Jean-Pierre Clamadieu says, suggesting Veolia may have to raise its offer . More ne...
Engie ( OTCPK:ENGIY -1.1% ) is holding out for a higher bid price to sell its stake in Suez ( OTCPK:SZEVF +0.1% ) to rival utility Veolia ( OTCPK:VEOEY -2.9% ), Reuters reports. More news on: ENGIE SA, Suez SA, Veolia Environnement S.A., Energy stocks news, Merger & acquisition...
Suez ( OTCPK:SZEVF ) +19% in French trading after Veolia Environnement ( OTCPK:VEOEY ) offers €2.9B ($3.5B) for a 29.9% stake in the company. More news on: Suez SA, Veolia Environnement S.A., ENGIE SA, Energy stocks news, Merger & acquisition news, Stocks on the move, ...
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