Target(s)
- Suez S.A.
Summary
On 5 October 2020, Veolia Environnement S.A (Veolia) acquired a 29.9% interest in Suez S.A. (Suez). Veolia now proposes to acquire the remaining shares in Suez that it does not already own.
In Australia Veolia supplies water management, waste management and energy solutions. Suez's Australian operations include water management and technology, waste management and resource recovery services.
Market inquiries
Submissions are invited from interested parties regarding Veolia's proposed acquisition of Suez.
The closing date for submissions is 10 March 2021. Submissions should be forwarded electronically (preferably in PDF format) to mergers@accc.gov.au with the title "Submission re: Veolia/Suez - attention Elizabeth Elias/Louis Loizou".
Following the closing date, queries regarding the ACCC's review may be addressed to Elizabeth Elias/Louis Loizou at mergers@accc.gov.au. For more details, please refer to the attached market inquiries letter.
Market inquiries
Timeline
| Date | Event |
|---|---|
| 19/02/2021 | ACCC commenced informal review under the Informal Merger Review Process Guidelines. |
| 10/03/2021 | Closing date for submissions. |
| 13/05/2021 | Proposed date for announcement of ACCC’s findings (as outlined in the Informal Merger Review Process Guidelines, this may be a final decision or release of a Statement of Issues). |
Project staff
- Elizabeth Elias
- Louis Loizou