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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Engie | EU:ENGI | Euronext | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -1.06 | -6.48% | 15.215 | 15.21 | 15.30 | 15.33 | 14.915 | 15.02 | 11,504,352 | 02:01:49 |
From May 2019 to May 2024
By Olivia Bugault
Ardian said Thursday that it has informed Engie SA of its interest in acquiring the latter's 29.9% stake in waste-management company Suez SA.
The France-based private equity company said that the board of directors of Suez supports its expression of interest in the stake. Ardian added that it wants to form a consortium of private and public institutional investors that would be mostly French.
Veolia Environnement SA and Suez have been at odds over the acquisition of Engie's 29.9% stake in Suez by Veolia. Veolia on Wednesday increased its offer to Engie to 18 euros ($21.10) for each Suez share and promised job security for Suez employees in France, a move that was welcomed by Engie.
Write to Olivia Bugault at olivia.bugault@wsj.com
(END) Dow Jones Newswires
October 01, 2020 03:10 ET (07:10 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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