⁍ Veolia’s offer to acquire a stake in fellow French waste and water management group Suez will bring ‘no risk of job losses’ at Suez.
⁍ Veolia offered on Aug. 30 to buy a 29.9% stake in Suez from French gas and power utility Engie for 2.9 billion euros.
– French water and gas giant Veolia Environnement says its $3.4 billion offer to buy fellow French company Suez has the potential to create a “world champion of ecological transformation.” Veolia chief Antoine Frerot told French newspaper Les Echos in an interview picked up by Reuters that the deal would bring “no risk of job losses” at Suez. Suez has rejected the offer.
Source: https://www.reuters.com/article/suez-ma-veolia/veolia-chief-pledges-no-suez-job-losses-under-offer-plan-idUSP6N2CC01L