Suez’s New Offer Shows Little Sign of Ending Veolia Standoff

  • Veolia says its takeover offer for Suez ‘remains irrevocable’
  • Ardian-GIP made ‘firm’ $14.2 billion offer for parts of Suez
Photographer: Nathan Laine/Bloomberg
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Suez SA’s latest proposal showed little sign of resolving a bitter takeover battle with Veolia Environnement SA, suggesting the utility’s annual shareholders meeting in May or June will be the defining moment for the dispute.