|Bid||125.00 x 0|
|Ask||129.00 x 0|
|Day's range||125.00 - 125.00|
|52-week range||98.80 - 144.00|
|Beta (5Y monthly)||N/A|
|PE ratio (TTM)||N/A|
|Forward dividend & yield||N/A (N/A)|
|1y target est||N/A|
French water and waste group Veolia has said it will sell the British waste business of recycling group Suez to Macquarie Asset Management for €2.4bn following pressure from the UK’s competition watchdog. Suez said in a statement on Monday that it “confirmed its interest in acquiring” the assets and “will study in detail the terms of the agreement” before deciding “whether or not to exercise its right of first refusal”.
PARIS (Reuters) -French utility company Veolia confirmed it would sell Suez's UK waste business to Australia's Macquarie Group Ltd for around 2.4 billion euros ($2.4 billion), a deal aimed at resolving antitrust concerns. Earlier, Veolia said that it was proposing to sell off its former rival, Suez's UK waste business, after Britain's Competition and Markets Authority (CMA) raised objections to the Veolia/Suez combination. Veolia's shares rose around 3% in early trading, top performer on Paris' SBF-120 equity index.