Paris-based Veolia Environnement (VE) will exit the Transdev transport business, and sell assets...

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

Paris-based Veolia Environnement (VE) will exit the Transdev transport business, and sell assets in the U.S. and U.K., as part of €5B of asset sales during the next two years. It will also cut its “geographic footprint” as it tries to lower debt to “less than” €12B by the end of 2013.