Suez Shares Rise Above Veolia Offer on Hope for Higher Bid
Bloomberg 3/9/2021 Francois de Beaupuy © Bloomberg Garbage trucks at a Suez SA depot in Paris, France, on Monday, March 1, 2021. Suez set a high bar for any resumption of talks about Veolia Environnement SA s takeover offer, after issuing yet another emphatic rejection of its rival’s proposal.
(Bloomberg) Suez SA shares rose above the 18-euro buyout price offered by Veolia Environnement SA, suggesting some investors expect an improved bid.
For the first time since Veolia unveiled its acquisition plan last August, Suez has topped the price proposed by the French water utility. Tuesday’s advance followed comments from Suez Chairman Philippe Varin on Monday that Veolia must make an offer “well above” 18 euros before negotiations can begin.
Local Hazards Grow as Americans Churn Out More Garbage
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Local Hazards Grow as Americans Churn Out More Garbage
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Local Hazards Grow as Americans Churn Out More Garbage
msn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from msn.com Daily Mail and Mail on Sunday newspapers.
Local Hazards Grow as Americans Churn Out More Garbage Bloomberg 3/2/2021 Jacqueline Davalos
(Bloomberg) As U.S. cities struggle to rein in garbage while propping up pricey recycling efforts, more companies are profiting from America’s growing waste problem and leaving local communities to face the environmental consequences.
At 4.9 pounds of trash per person, per day, the U.S. is the most wasteful country on the planet. Of the 292.4 million tons of refuse Americans generated in 2018, half was buried in landfills while another 32% was recycled or composted, according to the U.S. Environmental Protection Agency. The rest was burned (the preferred term being “combusted”) to generate electricity.