--The board of French energy group Engie will on Tuesday decide to keep its 32% stake in Suez, valued at 2.5 billion euros ($2.85 billion), reports Les Echos, citing an unnamed source.

--With the decision Engie will for the first time exclude the idea of launching a takeover bid for the water-and-waste-management services company, according to Les Echos.

 

Full story in French: bit.ly/2PtiPcx

 

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(END) Dow Jones Newswires

December 11, 2018 02:38 ET (07:38 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.
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