Group
|Europe
Acquisition Project of former SUEZ R&R assets in the UK
SUEZ took due note of the agreement between Veolia and Macquarie in relation to the acquisition of the former SUEZ R&R assets in the UK. This agreement is subject to SUEZ' right of first refusal, in addition to the regulatory approvals to be obtained from the competition authorities.
SUEZ confirms its interest in the potential acquisition of its former R&R assets in the UK. SUEZ will assess in details the terms of the agreement with Macquarie, at the end of which it will decide to exercise or not its right of first refusal.
Upon receipt of the notification by Veolia, SUEZ will have the right within a 30 business days period to acquire those assets from Veolia with terms and conditions equivalent to the ones proposed by Macquarie.