Report
Louis Boujard, CFA ...
  • Philippe Ourpatian

Veolia : The integration process for Suez’ assets continues

>Outperform recommendation and target price of € 28.50 maintained - The ratification by Suez’ board of directors of the financial parameters of the takeover by Veolia (€ 20.50/share dividends attached) and the valuation of the assets which will constitute the new Suez is a major step forward in the process of creating the new Veolia and Suez. The time frame for the operation, with the finalisation of the takeover and the creation of the new Suez, is still anticipated ...
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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