Veolia, Suez End Bitter Takeover Battle in $15 Billion Deal

Veolia has agreed to acquire the remaining 70% of Suez for 20.5 euros per share, valuing Suez at €13 billion. This deal will create a global water and waste management giant with €40 billion in annual revenues. Despite cultural and legal challenges, the French government supported the merger to counter competition, especially from China. The companies will finalize the agreement by mid-May, pending antitrust approvals. Investors reacted positively, with shares rising by 8%.

What was the final offer per share that Veolia agreed to pay for Suez?

• 18 euros

• 15 euros

• 20.5 euros

• 25 euros

What was the total value of the deal between Veolia and Suez?

• 10 billion euros

• 15 billion euros

• 20 billion euros

• 13 billion euros

How did Suez initially respond to Veolia's takeover attempt?

• By accepting the offer

• By offering to sell assets

• By merging with another company

• By increasing their share price

Which entity supported the merger from the beginning?

• The World Bank

• The United Nations

• The French government

• The European Union

What is the next step after the definitive agreement is signed?

• Antitrust approvals

• Employee layoffs

• Asset liquidation

• Immediate merger