Twitter LinkedIn
    Sunday, March 26
    Login
    0 Shopping Cart
    Twitter LinkedIn
    Private Equity InsiderPrivate Equity Insider
    • About Us
    • Digital Events
    • Our Network
      • Reach
      • Sponsors
      • Members
    Private Equity InsiderPrivate Equity Insider
    Home»Acquisitions»Suez board rejects Veolia’s takeover offer
    Acquisitions

    Suez board rejects Veolia’s takeover offer

    February 27, 20211 Min Read
    LinkedIn Facebook Twitter Email WhatsApp
    Share
    LinkedIn Facebook Twitter Email WhatsApp

    French waste and water management firm Suez said on Friday its board had unanimously rejected Veolia’s offer of 18 euros per share, formalising opposition to a bid after months of wrangling between the rivals.

    Veolia has argued its bid, which values Suez at 11.3 billion euros ($13.7 billion), would help create a global champion to take on rivals emerging in China and help develop new areas of recycling to respond to environmental concerns.

    Veolia bought a 29.9% stake in Suez last October as a prelude to launching a full takeover offer, which it tabled earlier in February.

    Read more at Reuters

    Related

    Can't stop reading? This and all news articles are property of their creators, many are not owned or provided by Private Equity Insider. As an event organizer and community platform, we curate content from reliable sources for your suggested reading, and advise you to read the full articles from the referenced authors and sources.

    2021 Acquisitions deals and transactions Investments PE Insider Private Equity
    Share. LinkedIn Facebook Twitter Email WhatsApp

    Related Posts

    PE firm CVC buys $155 mln minority stake in Indonesia’s Samator Indo Gas

    March 17, 2023

    Euroclear moves into $9.8 trillion private asset market with Goji buy

    December 21, 2022

    Warburg Pincus acquires K2 Insurance Services from Lee Equity Partners

    December 6, 2022

    CAI raises over $1B for inaugural fund and co-investment programme

    November 18, 2022

    Comments are closed.

    Other Articles

    Blackstone Adds to Bet on Student Housing With $13 Billion Deal

    April 20, 2022

    Santander rules itself out of race to buy TSB

    January 3, 2021

    Ontario Teachers’ announces agreement to acquire a significant majority stake in Sahyadri Hospitals from the Everstone Group

    August 19, 2022

    KKR steps up pursuit of UK companies amid private equity buyout frenzy

    July 6, 2021

    Private Equity Insider LLC
    1212 Avenue of the Americas
    New York City 10036
    USA

    [email protected]

    Twitter LinkedIn
    © 2023 Private Equity Insider LLC. All rights reserved.
    • About
    • Terms of Use
    • Cookie Policy
    • Privacy Policy
    • Contact Us

    Type above and press Enter to search. Press Esc to cancel.

    View Cart Checkout Continue Shopping

    Sign In or Register

    Welcome Back!

    Login to your account below.


    Lost password?