On May 14th, 2019, Bertrand Camus was appointed as Chief Executive Officer of Suez. SUEZ is the parent company of SUEZ North America, and one of the world’s leading environmental service companies. The government will study the offer, consider Engie’s interests, the quality of the industrial project and make sure there are a multitude of players in the business of providing services to local governments, Finance Minister Bruno Le Maire said in a statement. If the offer is successful, Veolia will make an offer for the rest, using the price paid to Engie as a reference point, and taking into account any subsequent significant events affecting Suez. Suez Environnement- -Sell-Buy-Spread: -Prices may be delayed by up to 15 minutes. When you browse our site, data may be saved or read from your browser or device. 29 500 collaborateurs passionnés par l'environnement, Scan this QRCode with your mobile app WeChat to share it with your friends and in your moment. We’re also leading a revolution. Veolia offered to acquire the stake from energy giant Engie SA for 15.50 euros a share in cash, 27% more than where the target closed Friday, Veolia said in a statement Sunday. Vous pourrez partir à la découverte de nos principaux sites en France et en Belgique. … — With assistance by Ania Nussbaum, and James Ludden, Photographer: Chris J. Ratcliffe/Bloomberg, Veolia would sell Suez’s French water unit as antitrust remedy, Veolia would also sell shares to help fund full takeover bid. The Group confirms that it will use all the means at its disposal to protect the interests of its employees, its clients and all its stakeholders.

“The complementarity of both groups is very strong.”, Engie said it will evaluate the offer and make a decision based on “the most attractive solution for its shareholders, while respecting all stakeholders, and after having weighing the industrial project’s quality.”. Ils participent notamment à la sécurité, à l’ergonomie et au choix de la langue et sont en conséquence activés en permanence. On October 1, 2017 Suez bought the Water & Process Technologies unit from GE Power for 3.4 billion dollars [7] and formed a new business unit called Water Technologies & Solutions. Veolia said its offer to Engie is valid until Sept. 30.

Veolia Environnement SA offered 2.9 billion euros ($3.5 billion) for a 29.9% stake in French rival Suez SA, reviving an eight-year-old attempt to create a world leader in waste and water services. They do not contain any personal data. "[4], On 3 September 2007, Gaz de France and Suez announced agreed terms of merger. Veolia shares rose 3.7% to 19.81 euros and Engie shares were trading up 6% at 11.81 euros. Jean-Marc Boursier, Senior Executive VP Group in charge of the France Region and Group Chief Operating Officer; Julian Waldron, Senior Executive VP Group in charge of Finance; Christophe Cros, Senior Executive VP Group in charge of the North America Region and President of the global BU Water Technologies & Solutions (WTS); Ana Giros, Senior Executive VP Group in charge of the APAC (Asia, Australia and India) and AMECA (Africa, Middle East, Central Asia) Regions and Industrial Key accounts; Angel Simon, Senior Executive VP Group in charge of the Southern Europe Region (Spain, Italy/Slovenia, Greece) and Latin America; David Palmer-Jones, Senior Executive VP Group, in charge of the Northern Europe Region (UK, Sweden, Netherlands, Belgium, Germany, Luxembourg, IWS, Poland/Serbia/Central Europe, Czech Republic); Diane Galbe, Senior Executive VP Group in charge of the global Business Unit Smart & Environmental Solutions, Head of Strategy and Shaping SUEZ 2030 Project; Isabelle Calvez, Group Chief Human Resources; Tiphaine Hecketsweiler, Group Chief Engagement and Communications Officer.

[5] As a consequence of the conditions posed by the European Commission with regards to allowing the merger, on 29 May 2008 Suez sold its Belgian gas supplier Distrigas to the Italian company Eni for €2.7 billion.
The companies tried and failed to cement a deal in 2012. We Are SUEZ in North America. You can deactivate them using your browser's cookie settings. Seul le cookie « SC_ANALYTICS_GLOBAL_COOKIE » peut stocker des données personnelles (adresse IP). Open a live account. Each and every day, we supply clean drinking water to 92 million people across 70 countries and 5 continents. Il est le deuxième groupe mondial derrière Veolia1. Lorsque vous naviguez sur notre site, des informations sont susceptibles d'être enregistrées ou lues dans votre navigateur ou terminal. In July 2015, the group Suez Environnement simplified its name to become Suez, after the group GDF-Suez changed its name to Engie, leaving the name Suez available again.

SUEZ uses this cookie to analyse your browsing and measure the website's audience. Veolia would assess Engie’s decision if it were to reject the offer, the CEO said, saying it’s too early to speculate. [3] The revenue of GDF was around 22.4 billion euros in 2005, compared to 41.5 billion for Suez. Certains cookies techniques sont nécessaires pour assurer le fonctionnement optimal de notre site. [2] On the stock market, Suez Environnement's share jumped 40% in value on its first day. Suez (formerly Suez Environnement) is a French-based utility company which operates largely in the water and waste management sectors. Other major stakes were held by Criteria Caixa (6.0%), Inversiones Los Canelos SPA (3.6%), Caltagirone (3.5%), employees of the company (2.6%), individual shareholders (6%). [6] On 22 July 2008 the group GDF Suez, a company of €74 billion of annual turnover, was officially created. Potentially heading off any antitrust concerns this time, French investment fund Meridiam has agreed to buy Suez’s French water business, Veolia said. Suez Environnement: Founded: 1997: Defunct: 22 July 2008: Headquarters: Tour CB21, Paris, France: Key people. Suez launched a large divestment program last year to reinvest in more promising assets and reduce debt, something that Veolia managed successfully in the middle of the last decade. SUEZ delivers Smart & Environmental Solutions in the water and waste sectors. Its form prior to the GDF merger was the result of nearly two centuries of reorganisation and corporate mergers. Vous pouvez les désactiver dans les paramètres de votre navigateur. Utility M&A to Accelerate, Bond Issuance Ebb and Ebit to Fall, Engie May Sell $9.5 Billion of Assets as Profit Hit by Virus.

“Engie is likely to accept the offer in order to crystallize value and quickly proceed with its latest asset rotation,” Vincent Ayral, an analyst at JPMorgan Chase & Co., wrote in a note. Read more. French water treatment & waste management company, "« The world's top 50 private water operators »", "Suez Environnement gushes on Paris market debut", "UPDATE 1-Suez Environnement gushes on Paris market debut", "Suez Environnement bags three water treatment projects worth ₹505 crore", "France's Suez buys Sembcorp out of Australian waste joint venture for $485m", "Suez targets industrial water with $3.4 billion GE Water deal", "Adoption of all the resolutions by the shareholders' meeting of May 14th, 2019", "Consolidated Financial Statements of SUEZ for the fiscal years ended December 31, 2019 and 2018", "Bertrand Camus announces a new organization", https://en.wikipedia.org/w/index.php?title=Suez_Environnement&oldid=977167243, Short description is different from Wikidata, Creative Commons Attribution-ShareAlike License. Veolia would undertake a capital increase to help fund a full bid and keep an investment-grade credit rating, Frerot said, adding that it’s too early to give any details. SUEZ prend acte de la reprise par Veolia de 29,9% de son capital, d’une manière hostile et dans des conditions inédites et irrégulières. The company conducted a merger of equals with fellow utility company Gaz de France on 22 July 2008 to form GDF Suez[2] (called Engie since 2015).
Le Groupe confirme qu’il mettra en œuvre tous les moyens à sa disposition pour préserver les intérêts de ses salariés, de ses clients, et toutes ses parties prenantes. Past performance is not indicative of future results. SUEZ, expert des métiers de l’eau et des déchets, propose partout en France des solutions innovantes pour préserver et sécuriser les ressources View recent trades and share price information for Suez and other shares. The transaction -- a full bid would value Suez stock at 9.7 billion euros -- would create a company with combined revenue of more than 40 billion euros with plants treating everything from water to plastic and hazardous waste across the globe.