Veolia requests NYSE delisting to cut costs

• Veolia Environnement (VE) requests the delisting of its ADRs traded on the NYSE effective Dec. 22 in a cost-cutting move.
• The delisting and termination of registration of the Paris-based utility “should provide cost-savings and eliminate certain additional costs linked to the company’s listing on two exchanges,” VE says, adding that trading of ordinary shares will be concentrated on Euronext Paris.