logo
  

Veolia Owns 86.22% Of Suez's Share Capital

Veolia will own 551.45 million Suez shares representing 86.22% of the share capital and voting rights of Suez, as per the French financial-markets regulator's provisional results of Veolia's tender offer for Suez shares.

The final result will be announced on Monday, January 10, 2022, Veolia said in a statement.

As per the French Autorité des marchés financiers' (AMF) general regulations, Veolia will request the reopening of the offer for a period expected to run from January 12 to January 27, 2022. The reopening will allow shareholders who have not tendered their shares to do so under unchanged conditions.

Veolia also confirms its intention to proceed with the squeeze-out and delisting of Suez shares in the event that the number of shares not tendered to the offer by minority Suez shareholders does not represent, at the end of the reopened offer, more than 10% of the capital and voting rights of Suez.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
America New York Ri Wang Food Group Co., Ltd. is recalling around 14,635 pounds of ready-to-eat or RTE pork sausage products due to possible contamination with extraneous materials, specifically metal, the U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS said. The TJX Companies, Inc. (TJX) said its first-quarter pretax profit margin and earnings per share, each on an adjusted basis, exceeded its plans even though sales were slightly below planned range. Adjusted pretax margin was 9.4%, excluding a 1.9 percentage point charge related to a write-down of the... Apple Inc. is delaying its latest plan to ask employees to come back to the office three days a week, but will continue with its plan of two days in office a week, Bloomberg reported. Citing an internal memo, the report also said the tech major is again requiring its staff to wear masks in common spaces, meeting rooms, hallways, and elevators, as well as at 100 US stores.
RELATED NEWS
Follow RTT