Between Veolia and Suez, the battle rages on

RÉCIT – The group led by Antoine Frérot, which already owns 29.9% of its rival, goes back on its commitment not to launch a hostile takeover bid. This turnaround opens a new judicial front in their war.

Organized on neutral ground, the secret rendezvous was supposed to be the start of negotiations to find a solution to the trench warfare that has been opposing Veolia and Suez since the end of the summer. The ace. It kicked off an outbreak of hostilities never seen in this conflict. Friday afternoon, Antoine Frérot, CEO of Veolia, finally met Bertrand Camus, CEO of Suez. A first for months.

Antoine Frérot, who bought in a few weeks, between the end of the summer and the beginning of last autumn, 29.9% of Suez in Engie, has since only one objective: to succeed in his takeover bid on the group led by Bertrand Camus. But the latter does not want it. If he came, it was above all to negotiate on the basis of an alternative project presented by the investment funds Ardian and GIP. The dialogue of the deaf takes place.

Antoine Frérot asks his interlocutor to put aside the discussions he is having with Ardian and GIP. Bertrand Camus refuses, and offers in vain

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