Veolia, Suez, and a consortium of investors (Meridiam, GIP, CDC/CNP Assurances) signed a purchase agreement for the acquisition of the new Suez. The new Suez will have revenues of about €7 billion and includes Suez's water and waste activities in France and international assets. Completion is expected by end of January 2022.
A consortium of Meridiam, GIP, and Caisse des Dépôts Group submitted a binding offer to purchase the 'new SUEZ' from Suez and Veolia, with an enterprise value coherent with the €20.50 per share offer for Suez shares not held by Veolia.
Veolia Environnement SA finalized a deal to acquire Suez SA, reinforcing its global leadership in water and waste treatment, with a commitment to sell back about two-fifths of Suez to a group of investors.