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Company News

Veolia aims to acquire Engie's 29.9% stake in Suez

PARIS, Aug 30 (Reuters) - French water and waste firm Veolia is offering to buy a 29.9% stake in its rival Suez from French gas and power utility Engie.

Veolia said on Sunday that its offer was in cash, at 15.50 euros per share, representing a 50% premium to the Suez share price as of July 30, when Engie said it was reviewing options for the stake. (Reporting by Maya Nikolaeva)

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