Veolia: towards a sale of activities in Saur


(CercleFinance.com) – Veolia and Saur indicate that they have signed a unilateral purchase agreement under which Saur has undertaken to acquire Veolia’s activities in mobile water services in Europe, for an amount of approximately 190 million euros.

By this transaction, Veolia explains “to continue the implementation of the remedies agreed with the European Commission in terms of competition within the framework of the merger with Suez, in accordance with the planned timetable”.

This transaction is subject to consultation with Veolia employee representative bodies, as well as obtaining the necessary regulatory authorizations and the fulfillment of the other conditions precedent.

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