Veolia Announces the Completion of the Sale of the New Suez to the Consortium of Investors
01 Febrero 2022 - 1:33AM
Business Wire
Regulatory News:
Following the very successful tender offer for the shares of
Suez, Veolia (Paris:VIE) announces the completion1 on January 31st,
2022 of the sale of the new Suez to the Consortium of investors
composed of Meridiam, GIP, CDC Group and CNP Assurances in line
with the purchase agreement dated October 22nd, 2021, and for an
unchanged enterprise value.
This transaction includes the main remedies approved by the
European Commission to preserve competition in environmental
services following the combination of Veolia and Suez. It therefore
allows for the creation of an agile and sustainable new Suez from
both an industrial and a social perspective, representing revenues
of around €7 billion and a workforce of 35,000 employees.
The new Suez includes Suez's Water and Recycling & Recovery
activities in France, international assets in Italy, Central
Europe, Africa including Morocco, Central Asia, India, China and
Australia, as well as global digital and environmental activities,
thus preserving real growth prospects and strong capacities for
innovation in France and worldwide.
For Veolia, this sale marks the culmination of the combination
with Suez, initiated 17 months ago, and a starting point to enter
the future of a global champion of ecological transformation with a
solid balance sheet.
Veolia Group aims to become the benchmark company for ecological
transformation. Present on five continents with nearly 179,000
employees, the Group designs and deploys useful, practical
solutions for the management of water, waste and energy that are
contributing to a radical turnaround of the current situation.
Through its three complementary activities, Veolia helps to develop
access to resources, to preserve available resources and to renew
them. In 2020, the Veolia group served 95 million inhabitants with
drinking water and 62 million with sanitation, produced nearly 43
million megawatt hours and recycled 47 million tonnes of waste.
Veolia Environment (Paris Euronext: VIE) achieved consolidated
sales of 26.010 billion euros in 2020. www.veolia.com
1Excluding Lydec, whose transfer will take place once all
required authorisation has been obtained.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220131005989/en/
Group Press Relations Laurent Obadia - Evgeniya Mazalova
Emilie Dupas Tel + 33 (0) 1 85 57 86 25/ 33 33
presse.groupe@veolia.com
Investors & Analyst Relations Ronald Wasylec - Ariane
de Lamaze Tel + 33 (0)1 85 57 84 76 / 84 80
investor-relations@veolia.com
Veolia Environnement (EU:VIE)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
Veolia Environnement (EU:VIE)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024