Veolia eyes Engie’s stake in Suez as first step towards a full take-over

Attempt by Veolia could create world's largest waste management group

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The French environmental services giant Veolia has launched a takeover bid for competitor Suez. On Sunday evening Veolia announced that it had made an offer to the French utility Engie (formerly GDF Suez) for 29.9 per cent of Suez's shares. If its offer is accepted by Engie, Veolia said it intended to subsequently ...

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