Source data
Veolia and Suez ownership, clearance and divestiture records
Sources checked
- 6 October 2020Veolia acquires minority holding
29.9% of Suez share capital bought from Engie Source 1
- 29 July 2021Public tender offer launches
€19.85 per share after the €0.65 dividend Source 1
- 14 December 2021European Commission grants conditional clearance
Approval requires competition remedies Source 2
- 18 January 2022First tender settlement
86.22% of Suez share capital and voting rights Source 1
- 31 January 2022New Suez sells to investor consortium
About €7 billion revenue and 35,000 workers in the carved-out business Source 3
- 31 January 2022Divestiture cash received
€8.018 billion disposal price recorded by Veolia Source 1
Show 1 more dates
- 18 February 2022Squeeze-out completes
Completion date recorded in Veolia's accounts Source 1
Control of the listed group preceded the sale of the businesses that formed the new Suez.
Veolia and Suez ownership, clearance and divestiture records
The equity percentages refer to the pre-transaction listed Suez. The €8.018 billion figure is the disposal price Veolia reports receiving at close for the new Suez package.
| Source | |||
|---|---|---|---|
| 6 October 2020 | Veolia acquires minority holding | 29.9% of Suez share capital bought from Engie | Source 1 |
| 29 July 2021 | Public tender offer launches | €19.85 per share after the €0.65 dividend | Source 1 |
| 14 December 2021 | European Commission grants conditional clearance | Approval requires competition remedies | Source 2 |
| 18 January 2022 | First tender settlement | 86.22% of Suez share capital and voting rights | Source 1 |
| 31 January 2022 | New Suez sells to investor consortium | About €7 billion revenue and 35,000 workers in the carved-out business | Source 3 |
| 31 January 2022 | Divestiture cash received | €8.018 billion disposal price recorded by Veolia | Source 1 |
| 18 February 2022 | Squeeze-out completes | Completion date recorded in Veolia's accounts | Source 1 |