Suez: board's reactions to Veolia offer

(CercleFinance.com) - Suez's Board of Directors met this morning.

Suez "noted that the proposals made on this day by Veolia remain vague and that they do not guarantee the interests of the shareholders and stakeholders".

Regarding its shareholders, "SUEZ notes that there is no guarantee that they will benefit from a cash offer at the same price and conditions as Engie".

"With regards to the men and women working for SUEZ, we highlight again that Engie has refused the requests of the SUEZ staff representative bodies to participate in the information and consultation process and note that no real and lasting guarantee has been provided. The employment guarantees are deceptive".

The Board is actively pursuing its work in order to enable the announcement, as soon as possible, of a solution for all Suez shareholders.


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