An investor group led by Meridiam SAS and Global Infrastructure Partners, which already bought Suez’s business in France and several other countries, still has the right to make an offer for the Suez UK assets by matching the price Macquarie is offering, the people said.皇冠网址app（www.hg108.vip）是一个开放皇冠官方网址代理APP下载、皇冠官方网址会员APP下载、皇冠官方网址线路APP下载、皇冠官方网址登录APP下载的官方平台。皇冠体育官方网址APP上最新登录线路、新2皇冠官方网址更新最快。皇冠体育网址APP开放皇冠官方会员注册、皇冠官方代理开户等业务。
PARIS: Veolia Environnement SA is nearing a deal to sell Suez SA’s UK waste business to Macquarie Group Ltd for about �2.5bil (US$2.5bil or RM11.1bil) to resolve antitrust concerns, people with knowledge of the matter say.
The transaction may be announced soon, said the people, asking not to be identified because the information was private.
The planned disposal will mark the last step in Veolia’s acquisition of a large part of its smaller French rival Suez, which was completed in other regions of the world earlier.
Demand is growing for water and waste-treatment and recycling services as governments around the world introduce more stringent rules to fight pollution.,
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An investor group led by Meridiam SAS and Global Infrastructure Partners, which already bought Suez’s business in France and several other countries, still has the right to make an offer for the Suez UK assets by matching the price Macquarie is offering, the people said.
Spokespeople for Macquarie and Veolia declined to comment, while a representative for Suez couldn’t immediately be reached outside regular business hours.
The UK competition watchdog said in May that Veolia’s acquisition of Suez’s business in the country may hurt competition in the water and waste-treatment sector and drive up prices at a time when consumers are already being squeezed.
While expressing its disagreement with the regulator’s analysis, Veolia said in June that it would sell the assets. The disposal will free up significant cash flow to finance new developments. — Bloomberg
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