The Board of Directors of the SUEZ Group acknowledges receipt of the letter published today by Veolia
The Board will examine the document received. The interests of the project for shareholders and other stakeholders, including employees and clients need to be assessed in the light of alternative projects with the potential to create significant shareholder value, within a rapid and controlled implementation schedule. The Board will also be attentive to the coherence with the SUEZ 2030 strategic plan and the Group’s Purpose.
As stated by Veolia itself, a binding offer cannot be filed at the moment with the Autorité des Marchés Financiers: indeed, the operation proposed was organized and structured by Veolia in irregular terms; the operation is subject to legal procedures and suspensive judgments in court.