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Veolia has signed an agreement to acquire CDPQ's 30% stake in its subsidiary Water Technologies and Solutions (WTS) for $1.75 billion (approximately €1.5 billion), giving Veolia full ownership. The deal is expected to generate approximately €90 million in additional cost synergies by 2027.
“This acquisition marks a pivotal step in unlocking the full value potential of Water Technologies, a growth booster identified as a priority in our GreenUp strategic plan.”gulfbusiness.com
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