Veolia offer Engie

Veolia

Veolia Moves In For Suez : Win/Win

Veolia’s proposal for a timely and transformative combination with Suez could lay the foundation for accelerated growth. Analysts at BoA Global Research think stakeholder interests are aligned and that a mutually attractive deal scenario is now more likely than not. A growing ESG thematic tailwind adds to the appeal and we upgrade Veolia to Buy.