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Wed, Apr. 16, 12:25 PM
- 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.
Oct. 20, 2012, 4:02 PMDiscussions took place for an $11B merger between the world's two highest-revenue water/waste utilities, France's Veolia Environnement (VE) and Suez Environnement (SZEVY.PK) - but those talks are now dead before reaching the boards, the WSJ reports. Growth pressure for such deals remain, but these two are so large that securing antitrust approval would be difficult. | Comment!
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