Veolia +3.8% even after denying merger talks with Suez

|About: Veolia Environnement ADR (VEOEY)|By:, SA News Editor

French waste and water companies Veolia Environnement (VE +3.8%) and Suez Environnement (SZEVF) both deny they are in merger talks or even studying such a project.

A report earlier today from Exane BNP Paribas said the "stars are aligned" for the companies to revisit the idea of merging after discussing the possibility two year ago.