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Veolia opens taps on bridge loans for Suez merger

AdobeStock_Suez_575x375_Oct2020

Veolia, the French utility, has been successful with its sweetened €3.4bn offer for a 29.9% stake in compatriot water company Suez, opening the door to a full merger as the acquisitive company uses bridge loans and potentially an equity raise as part of the transaction.

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