Veolia agrees on deal for arch-rival Suez
Suez shares rose 7% and Veolia Environnement added 4% as the two sides said they’ve reached a deal in principle on a merger, with Veolia to pay €20.50 per share. The two groups have agreed to enter into definitive merger agreements by May 14. Suez won’t dispose Australian assets and will deactivate its Dutch foundation, the companies […]