Canada markets closed
  • S&P/TSX

    18,380.96
    +255.26 (+1.41%)
     
  • S&P 500

    3,841.94
    +73.47 (+1.95%)
     
  • DOW

    31,496.30
    +572.20 (+1.85%)
     
  • CAD/USD

    0.7913
    +0.0012 (+0.15%)
     
  • CRUDE OIL

    67.22
    +1.13 (+1.71%)
     
  • BTC-CAD

    65,054.63
    +2,772.32 (+4.45%)
     
  • CMC Crypto 200

    1,038.54
    +95.37 (+10.11%)
     
  • GOLD FUTURES

    1,703.70
    +5.20 (+0.31%)
     
  • RUSSELL 2000

    2,192.21
    +45.29 (+2.11%)
     
  • 10-Yr Bond

    1.5540
    +0.0040 (+0.26%)
     
  • NASDAQ futures

    12,625.25
    -38.50 (-0.30%)
     
  • VOLATILITY

    24.66
    -3.91 (-13.69%)
     
  • FTSE

    6,630.52
    -20.36 (-0.31%)
     
  • NIKKEI 225

    29,188.26
    +323.94 (+1.12%)
     
  • CAD/EUR

    0.6633
    +0.0002 (+0.03%)
     

The President of the Nanterre Commercial Court Has No Jurisdiction to Rule on Veolia's Tender Offer

·1 min read

Regulatory News:

The order of February 8, 2021, issued without debate and prohibiting Veolia (Paris:VIE) from filing a tender offer for Suez, is cancelled.

As a result, the proceedings initiated by Suez before the Nanterre Commercial Court in an attempt to prevent Veolia from filing a tender offer and its examination by the French Market Authority (AMF) come to an end.

Suez's delaying tactics once again failed.

As Suez's action before the Paris Court of Appeal against the AMF's filing notice is not suspensive, Veolia's tender offer is therefore continuing.

Antoine Frérot, Chairman and Chief Executive Officer of Veolia, is willing to present his merger project to all directors of Suez to initiate a constructive dialogue with them.

View source version on businesswire.com: https://www.businesswire.com/news/home/20210223005798/en/

Contacts

Relations presse Groupe
Laurent Obadia - Sophie Gaucher
Tel. +33 6 79 42 12 06
sophie.gaucher@veolia.com

Analystes et Investisseurs
Ronald Wasylec - Ariane de Lamaze
Tel. + 33 1 85 57 84 76 / 84 80
investor-relations@veolia.com