Seeking Alpha

Veolia to sell water, waste and energy business in Israel

  • Veolia Environnement (VE) agrees to sell its water, waste and energy activities in Israel to global fund manager Oaktree Capital Management, as part of its strategy to refocus on less capital intensive businesses.
  • Specific terms were not provided, but VE says the sale will allow it to cut its debt by ~€250M (~$341M).
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs