Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : The CMA makes its day

>Outperform recommendation and € 43.4 target price maintained - The flow of information regarding the UK competition authorities’ review of the merger between Veolia and Suez, although seemingly somewhat aggressive in its formulation, is unlikely to cause delays in the transaction timeline. From the outset of the transaction, Veolia had highlighted the implementation of possible remedies on the UK market, mainly for the market of incineration with electricity producti...
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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