Efforts by Veolia Environnement (VE +3.4%) to address its debt and recurring lack of...

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

Efforts by Veolia Environnement (VE +3.4%) to address its debt and recurring lack of profitability through asset disposals may bear fruit by the end of the summer, WSJ reports. VE's plans include selling up to €5B in assets in 2012-13 and slashing more than €400M in spending; a disposal of its U.K. water business is "near certain."