Deals
Veolia Finalizes Deal to Buy Suez After Long Takeover Saga
- Will sell back about two-fifths of rival to group of investors
- Agreement builds on preliminary accord reached last month
This article is for subscribers only.
Veolia Environnement SA finalized a deal to buy Suez SA, reinforcing its global leadership in water and waste-treatment following a lengthy takeover battle.
The agreement announced Friday builds on a preliminary accord between the two utilities last month and includes a commitment to sell back about two-fifths of its rival to a Franco-U.S. group of investors.