Citation :
Veolia Environnement (Paris Euronext: VIE), a French waste and energy management firm, offering to buy a 29.9% stake in Suez, a French waste management company, from Engie, a French electric utility, for EUR 15.50 per share, or EUR 2.9bn (USD 3.5bn).
This offer, valid until September 30, would complement Veolia's capabilities. If it is accepted by Engie, Veolia intends, following the acquisition of the 29.9% of Suez shares, to file a voluntary tender offer for the remaining Suez shares.
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