Business
Cleanaway (ASX:CWY) share price headaches continue with Veolia lawsuit
Cleanaway Waste Management Ltd (ASX: CWY) shares are slipping in morning trade today. At the time of writing, the Cleanaway share price is trading 3.02% lower at $2.25.
It’s been two weeks of wrangling for Cleanaway since the S&P/ASX 200 Index (ASX: XJO) listed waste management company announced its intentions to buy the Australian arm of France’s Suez SA. The deal was reportedly worth around $2 billion.
Legal rumblings over Cleanaway’s Suez acquisition plans
But in news dragging on the Cleanaway share price, the acquisition didn’t sit well with Veolia Environnement, which already owns 29.9% of Suez SA shares. Veolia is…
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