Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Veolia Environnement    VIE   FR0000124141

VEOLIA ENVIRONNEMENT

(VIE)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Veolia Environnement : The President of the Nanterre Commercial Court Forbids the Irrevocability of Suez's “stichting-foundation” in the Netherlands

11/19/2020 | 02:08pm EST

Regulatory News:

Veolia (Paris:VIE) welcomes the decision of the Commercial Court of Nanterre’s President which prohibits Suez from taking any decision to render irrevocable the foreign inalienability mechanism of Suez Eau France, designed and implemented to prevent Veolia from carrying out its takeover project.

In an order dated today and immediately enforceable, the President of the Commercial Court of Nanterre thus forbids the Suez group to take any decision that could result in the irrevocability of the placement of Suez Eau France within an opaque instrument in the Netherlands, thus paralysing this “stichting-foundation”. And this, until the end of any meeting of a future shareholders’ general assembly of Suez SA, called to rule on the said legal arrangement and its consequences, and at the latest until the shareholders’ general assembly called to rule on the financial statements for the year ended December 31, 2020.

In the meantime, Veolia will sue the Suez group as soon as possible to have this system, which violates essential rules of French law, judged null and void.

...

Veolia group is the global leader in optimized resource management. With nearly 179,000 employees worldwide, the Group designs and provides water, waste and energy management solutions which contribute to the sustainable development of communities and industries. Through its three complementary business activities, Veolia helps to develop access to resources, preserve available resources, and to replenish them.

In 2019, the Veolia group supplied 98 million people with drinking water and 67 million people with wastewater service, produced nearly 45 million megawatt hours of energy and treated 50 million metric tons of waste. Veolia Environnement (listed on Paris Euronext: VIE) recorded consolidated revenue of €27.189 billion in 2019 (USD 29.9 billion). www.veolia.com


© Business Wire 2020
All news about VEOLIA ENVIRONNEMENT
04:58aEuropean stocks slip as Carrefour abandons takeover talks
RE
03:24aVEOLIA ENVIRONNEMENT : Paris Court Declares No Jurisdiction Over Consultation Pr..
MT
02:16aSuez Gets $13.66 Billion Approach from Ardian, GIP; Veolia to Continue Bid
DJ
01:06aVEOLIA ENVIRONNEMENT : Voices Opposition Against $13 Billion Offer for Suez
MT
12:16aVEOLIA ENVIRONNEMENT : Suez Receives $13.6 Billion Takeover Approach from Privat..
MT
01/17VEOLIA ENVIRONNEMENT : will not sell its 29.9%
PU
01/17Suez receives offer from Ardian and GIP that could lead to takeover bid
RE
01/17Veolia says its 29.9% stake in Suez is not for sale
RE
01/17Veolia says that the 29.9% it owns in suez's capital is not and will not be f..
RE
01/17After receiving letter of intent, Suez says open to begin talks on Veolia tak..
RE
More news
Financials
Sales 2020 25 947 M 31 298 M 31 298 M
Net income 2020 365 M 441 M 441 M
Net Debt 2020 11 191 M 13 499 M 13 499 M
P/E ratio 2020 29,8x
Yield 2020 3,08%
Capitalization 13 086 M 15 822 M 15 785 M
EV / Sales 2020 0,94x
EV / Sales 2021 0,89x
Nbr of Employees 171 212
Free-Float 95,5%
Chart VEOLIA ENVIRONNEMENT
Duration : Period :
Veolia Environnement Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends VEOLIA ENVIRONNEMENT
Short TermMid-TermLong Term
TrendsBullishBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus OUTPERFORM
Number of Analysts 11
Average target price 23,94 €
Last Close Price 23,13 €
Spread / Highest target 33,6%
Spread / Average Target 3,48%
Spread / Lowest Target -20,0%
EPS Revisions
Managers and Directors
NameTitle
Antoine Frérot Chairman & Chief Executive Officer
Estelle Karine Brachlianoff Chief Operating Officer
Claude Olivier Francois Laruelle Chief Financial Officer
Christophe Nebon Director-Technical & Performance
Didier Bove CIO, Senior VP-Information Systems & Technology