PARIS, Feb 8 (Reuters) - The board of water and waste
management group Suez unanimously considers a bid by
larger rival Veolia
Varin told a conference call that Veolia's offer of 18 euros
per share for the 70% of Suez it did not own was not equivalent
to the potential alternative offer by the Ardian-GIP consortium.
Veolia vowed on Monday to press ahead with its bid for
smaller rival Suez despite new legal hurdles and a government
warning over the increasingly hostile takeover
battle.
(Reporting by Benjamin Mallet, Writing by Dominique Vidalon;
Editing by Edmund Blair)
Stocks mentioned in the article
Price
|
Change
|
5d. change
|
Capi.
| ||
---|---|---|---|---|---|
28.91 EUR | -0.03% | +0.98% | 22.1B | ||
16.08 EUR | -0.03% | +1.64% | 41.62B | ||
1st Jan change | Capi. | |
---|---|---|
+10.66% | 42.87B | |
-3.48% | 12.35B | |
+10.37% | 5.52B | |
-6.15% | 4.63B | |
-1.30% | 3.92B | |
-3.24% | 2.36B | |
+6.06% | 2.06B | |
-9.11% | 1.44B | |
+1.33% | 1.41B |