Suez Lyonnaise's shares jump 1.1% on Nalco offer
Article Abstract:
Suez Lyonnaise des Eaux SA acknowledged that it is beginning an all-cash tender bid to acquire Nalco Chemical Co. Suez, a utility based in France, is offering to acquire Nalco for $4.1 billion (3.93 billion euros). The offer comes out to $53 per share. Gerard Mestrallet, the chairman of Suez, said that the proposed deal would turn his company into a global water treatment services leader.
Comment:
Suez acknowledges it is beginning all-cash tender bid to acquire Nalco
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 1999
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Pinault tempers talk of Suez offer
Article Abstract:
A potential bidding war is heating up for Suez S.A. of France. The water and energy conglomerate is valued at 50 billion Euros with 13 billion Euros of debt. Francois Pinault is deferring on a bid for Suez S.A. as Mr. Pinault is waiting on a 45.8 billion Euros ($60.5 billion) consolidation with another French company.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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