Veolia: Suez appeals AMF decision
(CercleFinance.com) - Suez has said that it intends to appeal against the AMF's decision by which it considers Veolia's communication does not constitute a "preoffer" pursuant to the AMF's General Regulations.
Suez considers that, "the structuration of this hostile operation, in two steps, proposed by Veolia is in breach of regulation and will file an appeal before the Paris Court of Appeal".
The utilities group believes that "A change of control transaction, as announced and proposed by Veolia, should be structured as a tender offer opened to all shareholders".
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