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Veolia wants to buy Engie’s stake in Suez as first step towards a full take-over

Acquisition attempt could create world's largest waste management group

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Veolia aims to buy stake in Suez as first step towards full take-over

(F) – The French environmental services giant Veolia has launched a takeover bid for competitor Suez. On Sunday evening Veolia announced that it had made an offer to the French utility concern Engie (formerly GDF Suez) for 29.9 per cent of Suez's shares. If its offer is accepted by Engie, Veolia said it intended to ...

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Article topics
Mergers and acquisitions
Municipal waste
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Business
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