Veolia Will Oppose Any Sale of Suez Strategic Assets Opposing Its Industrial Plan

PARIS--(BUSINESS WIRE)--Regulatory News:

Veolia (Paris:VIE):

Following announcements by Suez’s management of new asset disposals in the coming weeks, while discussions with Veolia are but at a preliminary stage, Veolia wishes to remind the list of Suez assets it considers strategic: water activities of Suez in Spain, Chile, the United States, as well as waste activities in the United Kingdom and Australia. This list has been made public for several weeks.

Veolia considers that the sale of one of these assets would be expressly contrary to the friendly context in which Suez declared itself ready to open a dialogue and would be resolutely hostile to Veolia’s industrial project, thus harming the corporate interests of both groups as well as the interests of all of Suez’s shareholders, including Veolia.

Veolia will therefore oppose it by all legal means.