Environment, UK, Veolia: Cloudless English Tea

M&A specialists know this well: “No Joy without Disturbance”, like the treacherous Albion, can appear against the background of the Competition and Markets Authority (CMA), the competition “Bobby”. However, Veolia does not allow the British antitrust cloud to appear any more, which for sixteen months has been hovering over its merger happiness after an uphill battle in the merger with Suez.

The French tandem had carved out the lion’s share across the Canal in waste management within a decade, and the group led by Antoine Freihoud knew from the start that the discussion with the CMA would not be over a cup of tea. But like Mauriac with Germany, she loves the tricolor so much that she prefers to have two actors on her soil.

From his “stubbornness” he deplores, the new hero of “Environmental Transformation” creates a financial opportunity. At 15 to 20 times that of Ebitda where infrastructure funds and “private equity” value this type of activity, the resale of Suez waste (about 2% of the group’s turnover), will allow it, by bringing in 2.5 to 3.4 billion euros, to recover their costs, to immediately obtain the value of the expected synergies in this country and to reinvest elsewhere, particularly in energy. “Better day, better job,” they say across the channel…

What will change the re-election of Emmanuel Macron?

What are the main challenges for the next five years? To outline the challenges of this new beginning, the expertise of the editorial team at Les Echos is invaluable. Every day, our surveys, analyzes, columns and editorials accompany our subscribers, helping them understand the changes that are changing our world and preparing them to make better decisions.

I discovered the offers

See also  release of funds | The Taliban is negotiating with the United States

Leave a Reply

Your email address will not be published.