Binding offer approved for merger of Veolia and Suez
The consortium of Meridiam, GIP, and CDC/CNP Assurances has submitted their final offer to Veolia and SUEZ to purchase the new SUEZ for an enterprise value of EUR10.4 billion (US$12.35 billion). The offer was approved by the Board of Directors of SUEZ and Veolia on June 29, 2021, which enabled Veolia to raise the price of its tender offer for the SUEZ shares not yet held by Veolia to EUR20.5 (US$24.34) per share.
Veolia and SUEZ have therefore filed the revised draft offer document and the draft reply document respectively with the AMF. In accordance with the legal provisions in force, the conclusion of a final agreement with the Consortium concerning the creation of the new SUEZ remains subject to the finalization of the information consultation of SUEZ employees.
Country updates
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June 24, 2021
Financial close achieved for Jura broadband network concession
Altitude Infrastructure, a company responsible for the development of fiber optics network in Jura, has secured EUR83 million (US$98.97 million) loan from La Banque Postale with a tenor period of...
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June 16, 2021
Connecting Europe Facility 2.0 programme is adopted by the Council
The Council has adopted the Connecting Europe Facility 2.0 (CEF 2.0) programme of EU to fund the development of high-performing, sustainable infrastructure in the fields of transport, digita...
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May 31, 2021
Final close achieved for DIF Core Infrastructure Fund II
DIF Capital Partners (DIF) has announced the final close of DIF Core Infrastructure Fund II (DIF CIF II) at EUR1.012 billion (US$1.23 billion), exceeding its EUR1 billion (US$1.21 billion) target...
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May 27, 2021
Conquest launches second sustainable infrastructure fund
Conquest, an alternative asset management firm, has received AIFM authorization from the French regulator, Autorité des Marchés Financiers, and launched its second European fund,&nb...
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May 21, 2021
First Close achieved for Asterion Industrial Partners’ Fund II
Asterion Industrial Partners has reached the first close of its second fund with a total of EUR 925 million (US$ 1.12 billion) of commitments. Asterion Industrial Infra Fund II FCR has a target size o...
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