Shop
Engie welcomes improved Veolia offer, requests more time
30.09.2020 − Engie has welcomed the improved offer Veolia presented for a 30 per cent stake in Suez. The offer was "in line with its expectations in terms of price and social guarantees," the French utility said in a statement...» more
ADVERTISEMENT
Engie seeks higher price, greater assurances in exchange for its stake in Suez
18.09.2020 − The French utility Engie has rejected Veolia's initial offer for a nearly 30 per cent stake in rival Suez. Veolia had planned to pay around €3bn for the shares in the first stage of a two-step plan to acquire full...» more
Prezero to acquire Suez's waste business in Germany, the Netherlands, Luxembourg and Poland
16.09.2020 − The waste management company Prezero, a sister company to Lidl within the Schwarz Group, is to take over Suez's waste management operations in in Germany, the Netherlands, Luxembourg and Poland. In separate statements...» more
Biffa plans to end worker furloughs as revenues rebound
09.09.2020 − The British waste management company Biffa has seen its business improving month for month since the height of the Covid-19 outbreak and anticipates that it will be able to end staff furloughs by the end of September....» more
Veolia offer “carries great uncertainties”, Suez warns
02.09.2020 − A day after its initial, tersely worded response to the news that Veolia was mounting a takeover bid, the French group Suez issued a second statement. The environmental services company reported that its board of...» more
Veolia aims to buy stake in Suez as first step towards full take-over
31.08.2020 − The French environmental services giant Veolia has launched a takeover bid for competitor Suez, having made an offer for nearly 30 per cent of Suez's shares owned by the French utility concern Engie (formerly GDF Suez).» more
Recoup: UK needs to double its plastics recycling capacity
25.08.2020 − The British government plans to impose a tax on plastic packaging containing less than 30 per cent recycled material beginning in April 2022. In order to supply enough recycled plastic to meet that 30 per cent content...» more
EEW submits best bid for German waste to energy plant
21.08.2020 − The plant operator EEW Energy from Waste has put forward the best bid for a facility located in Pirmasens in Germany's southwest. » more
Sims posts net loss of AUD256m for 2019/20
18.08.2020 − US-Australian recycler Sims saw both sales revenue and earnings contract significantly in the financial year ended 30 June. "The rapid collapse in ferrous scrap prices in September 2019, combined with historically low...» more
