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The Scars Run Deep in France's Giant Waste Deal

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Veolia and Suez agree to merger, ending dispute over Veolia's hostile takeover attempt

Veolia and Suez agree to merger, ending dispute over Veolia’s hostile takeover attempt
Veolia agreed to pay 20.50 euros per share for the 70 percent of Suez it doesn’t already own, which is up from its 18 euro bid price.
Veolia and Suez jointly announced on April 12 that their respective boards of directors reached an agreement in principle on the key terms and conditions of the merger between the two groups. The announcement marks the end of months of public confrontation and legal wrangling between the two France-based companies stemming from Veolia’s hostile takeover attempt.
Veolia CEO Antoine Frerot said the deal gave Suez an equity value of roughly 13 billion euros ($15 billion), ....

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Antoine Frérot, PDG de Veolia : "Notre projet va emporter tous les salariés dans un même élan"

Antoine Frérot, PDG de Veolia : "Notre projet va emporter tous les salariés dans un même élan"
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Pour info - Forum de discussion Fermentalg

Pour info - Forum de discussion Fermentalg
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Veolia agrees to buy Suez, ending bitter takeover war

Veolia Environnement SA agreed to acquire its rival Suez SA, ending a long-running and bitter takeover battle that tested the limits of French corporate culture.
After months of fierce resistance from Suez’s management, Veolia finally unlocked a deal by offering a higher price and “social commitments” for employees of the utility.
The deal gives Suez an equity value of about 13 billion euros (US$15.5 billion), Veolia chief executive officer Antoine Frerot told reporters.
Veolia agreed to pay 20.50 euros a share for about 70 percent of Suez it does not already own, the company said in a statement yesterday.
It bought its ....

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