Veolia Israel Says Negotiating to Add Partners to Business

Veolia Environment Israel Ltd. is in talks to bring in foreign and local investors, the company said in an e-mailed statement today.

Veolia Israel denied a Calcalist report that parent company Veolia Environnement SA (VIE) was seeking to sell its local operations.

Veolia Environnement SA is almost two years into a turnaround plan designed to reduce the Paris-based utility’s global reach, curb debt and raise profitability.

To contact the reporter on this story: Gwen Ackerman in Jerusalem at gackerman@bloomberg.net

To contact the editor responsible for this story: Amy Teibel at ateibel@bloomberg.net

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