Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : Suez Repurchase and Return to the UK

>Back to the future - Suez has announced the signature of a binding purchase agreement with a view to the acquisition of the Suez’ former waste management activities in the UK (Suez Recycling & Recovery UK), for an enterprise value of £ 2bn (around € 2.3bn). This decision comes on foot of the announcement by Suez in August (cf. flash “Quickly done and very well done!” published on 9 August 2022) of its interest in these assets, for which Macquarie put itself forward a...
Underlying
Veolia Environnement SA

Veolia Environnement provides environmental management services to public authorities, industrial and commercial services customers, and individuals worldwide. These services include the supply of water, the treatment and recovery of municipal or industrial effluent, waste collection, processing and recycling, the supply of heating and cooling services and the optimization of industrial processes. Co.'s business operations are conducted through three divisions, each specializing in a single business sector: Veolia Eau (Water), Veolia Energie (Dalkia, Energy Services) and Veolia Proprete (Environmental Services).

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Louis Boujard, CFA

Philippe Ourpatian

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