Soc Assainissement Rationnel Et Pompag signed an agreement to acquire Suez Rv Osis from Suez SA (ENXTPA:SEV) for approximately €300 million on August 18, 2020. The transaction price is subject to the signature of final agreements between the parties. The merger of Soc Assainissement Rationnel Et Pompag and Suez RV OSIS would position the Veolia Group as a major player in this field. As of December 31, 2020 Suez RV OSIS generated revenue of €470 million. The acquisition would be subject to prior authorization by the competent merger control authority. The agreement is in the form of a unilateral purchase undertaking subject to an exclusivity period of 150 days, during which the parties are expected to finalize their agreement. As of March 4, 2021, the European Commission (EC) partially approved the transaction and referred the main aspects of the transaction related to domestic market to French competition authority. Société d'Assainissement Rationnel et de Pompage completed the acquisition of Suez Rv Osis from Suez SA (ENXTPA:SEV) on May 18, 2021.