Veolia CEO tells Le Figaro paper that Suez deal still possible By Reuters

© Reuters. FILE PHOTO: Antoine Frerot, Chairman and CEO of Veolia SA, attends a signing ceremony with EDF at the World Nuclear Exhibition (WNE), the trade fair event for the global nuclear community in Villepinte

PARIS (Reuters) – Antoine Frerot, the chairman and chief executive of French utility Veolia (PA:), told Le Figaro newspaper in an interview published on Wednesday that a deal with its bid target Suez (PA:) was still possible.

“We can arrive at an agreement with Suez,” Frerot told the paper, adding he thought another two or three months of talks could result in a deal being reached with Suez.

Veolia has already secured 30% of the capital of its rival Suez and stands ready to launch an offer on the remainder of the shares but the month-long battle appears far from over as the target strongly reaffirmed its refusal to yield.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.

Be the first to comment

Leave a Reply

Your email address will not be published.


*