Business
Cleanaway deal scrapped after French giants agree to merger – Sydney Morning Herald
Cleanaway’s transformative $2.5 billion deal to acquire the Australian recycling assets of Suez has been binned after the French waste giant agreed to end hostilities…
Cleanaways transformative $2.5 billion deal to acquire the Australian recycling assets of Suez has been binned after the French waste giant agreed to end hostilities with suitor Veolia and reached a deal on a merger.
In a statement released on Monday evening AEST, Veolia and Suez announced that their respective boards of directors reached an agreement in principle after Veolia lifted its offer price to 20.50 per Suez share.
Cleanaways shares soared 16 per cent last Monday after it announced the…
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