Latest News for: Suez deal


Suez deal will create value for all stakeholders, Veolia COO says

CNBC 25 Feb 2021
Veolia COO Estelle Brachlianoff discusses the company's fourth-quarter results ... .

Israel Secures Egyptian Gas Export Route

The Washington Institute 23 Feb 2021
In the nearer future, Gaza’s electricity supply will likely be improved by a new but so-far provisional deal for Qatar to buy Leviathan gas and pipe it to the Strip’s lone power station, which currently uses fuel oil ... The UAE is likewise wary of potential deals involving Qatar given their ongoing regional rivalry.

Crude tanker sales sealed

Splash24/7 19 Feb 2021
... adding a couple of 2011-built ships, named Suez Fuzeyya and Suez Vasilis in a bank driven deal from Empire Navigation.

French commercial court blocks Veolia bid for rival Suez

Taipei Times 09 Feb 2021
Veolia on Sunday announced it would pay 7.9 billion euros (US$9.5 billion) for the 70.1 percent of Suez it does not already own ... Up to now, Veolia has sought to convince the Suez board of the merits of the deal, but Sunday’s announcement suggested it had run out of patience.

Veolia ordered to back off Suez deal

Hong Kong Standard 08 Feb 2021
Veolia Environnement SA was ordered by a French court to suspend its hostile attempt to buy utility rival Suez SA, the latest escalation in a long-running takeover battle that is testing the bounds of the country’s corporate culture ... Suez is arguing that Veolia’s ...

Iseq sluggish as most other European bourses finish ahead

The Irish Times 08 Feb 2021
European shares were led upwards by economically sensitive cyclical sectors, as sentiment was lifted by hopes of a quicker recovery and multibillion dollar deals in the region ... The French firms closed lower as new legal hurdles awaited the deal and amid a government warning of an increasingly hostile takeover battle.

News Analysis: Enforcing Egypt-Russia strategic cooperation deal promotes bilateral cooperation 24 Jan 2021
stand of freezing some arm deals with Egypt in the aftermath of the 2011 uprising ... Cairo and Moscow have signed in May 2018 a deal for founding a Russian industrial zone in eastern Port Said as part of the Suez Canal corridor district.

Suez receives Ardian-GIP proposal as it fights off Veolia Environment takeover

Taipei Times 18 Jan 2021
Last year, commodities giant Veolia secured a deal to buy almost 30 percent of Suez from Engie SA, an energy player in which the French state owns a 22 percent stake — despite the government voting against the sale ... over Suez, has not yet reacted to Ardian and GIP’s proposal.

Iseq underperforms as quarantine possibility stalls travel stocks

The Irish Times 18 Jan 2021
The stock erased almost all its gains since the deal was announced last week, with the French government opposing the deal, citing food-security concerns. French waste and water management company Suez, which is fighting a takeover approach from arch-rival Veolia, rose 3.2 per ...

French firm Veolia sends offer to Suez board for full takeover

Reuters 07 Jan 2021
... to end its opposition to the deal.

Revenues of Egypt's Suez Canal hit 5.61 bln USD in 2020 03 Jan 2021
3 (Xinhua) -- The revenues of Egypt's Suez Canal reached 5.61 billion U.S. dollars in 2020, Chairman of the Suez Canal Authority (SCA) Osama Rabie said on Sunday ... In 2019, the revenues of the Suez Canal reached 5.8 billion U.S ... The Suez Canal is a ...

Egypt rail company to get $10bn investment

Arab News 25 Nov 2020
Egypt has established a National Company for Railway Industries under a deal signed with a group of private sector companies. The Egyptian Sovereign Fund and the Suez Canal Economic Zone authority announced the partnership as part of moves to localize the rail industry in Egypt.

After lead pipe scare, water system serving 800K N.J. customers shows improvement

NJ dot com 28 Oct 2020
SUEZ announced on Wednesday morning that its Hackensack system — which serves about 800,000 people in 57 municipalities across Bergen and Hudson counties — is no longer subject to special state oversight for lead ... The SUEZ Hackensack system is far from the only one in New Jersey dealing with problems related to lead service lines.