Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : The CMA heaps on the pressure

>Outperform recommendation and target price of € 43.4 maintained - As we already mentioned in our flash of 8 December 2021 (“The CMA makes its day ”), the flow of information relating to the examination by the UK anti-trust authorities of the tie-up between Veolia and Suez, remains extremely aggressive. Whilst it is difficult at this stage to evaluate the share of assets that the new group will be forced to abandon to the competition, it should be noted that the loss ...
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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