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Share Name Share Symbol Market Type
Macquarie Group Limited ASX:MQG Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -7.92 -4.95% 152.20 152.70 153.29 157.91 152.10 157.57 1,925,648 09:50:01

Trending: Veolia Sells UK Waste Business to Macquarie

08/08/2022 6:29pm

Dow Jones News


Macquarie (ASX:MQG)
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1659 GMT - Veolia is among the most-mentioned companies across news items in the past 12 hours, according to Factiva data, after the company said that it would sell Suez's U.K. waste business to Macquarie Group for EUR2.4 billion. The deal addresses a request from the U.K. antitrust watchdog and is expected to generate earnings of 17 times 2021 Ebitda, the company said. The new, standalone Suez--housing a number of Suez businesses that were sold to satisfy the further EU competition concerns on the Veolia-Suez merger--said it would study the deal with Macquarie and decide whether to exercise its right of first refusal over the U.K. waste business. Dow Jones & Co. owns Factiva. (cecilia.butini@wsj.com)

 

(END) Dow Jones Newswires

August 08, 2022 13:14 ET (17:14 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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