Engie to sell its Suez shares to Veolia

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The die is cast: Engie will sell a large part of its stake in Suez to Veolia. The French utility's board of directors decided on 5 October to accept the offer of around €3.4bn for 29.9 per cent of Suez's shares. With the sale, Engie reported that it would generate a pre-tax capital gain of €1.8bn. The decision ...

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