Veolia goes hostile in €11.3bn Suez bid after rejection

Ricochet64 - stock.adobe.com

Veolia Environment, the French utility, has launched an all-out attack in its attempt to buy domestic rival Suez, as the acquisitive company looks to bypass Suez’s board in an offer to shareholders that values the target company at €11.3bn. Suez is already claiming that the move has been denied by the courts.