# Ardian and GIP submit €11.9bn investment proposal for new SUEZ entity

Ardian and Global Infrastructure Partners submitted a firm investment proposal of €11.9 billion to acquire a new SUEZ entity comprising Suez's water and waste assets in France and global water activities.

- Type: Acquisition
- Announced: 2021-03-21
- Where: France, France
- Value: $14.2B (11.9B EUR)
- Status: announced
- Products: water and waste management services
- Sectors: [Water Treatment Equipment](https://endata.com/sectors/water-treatment-equipment.md)

## Companies

- [Suez](https://endata.com/companies/1259.md) (target)
- [Ardian](https://endata.com/companies/4607.md) (investor)
- [Global Infrastructure Partners](https://endata.com/companies/50492.md) (investor)

## Sources

- [ardian.com](https://www.ardian.com/press-releases/ardian-and-gip-submit-firm-investment-proposal-support-creation-new-suez-entity), 2021-03-21: "Ardian and GIP believe this viable alternative for a concerted solution to be in the best interests of all stakeholders and parties involved."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.