Breaking up may not be hard to do

The sale of Veolia’s regulated UK water assets will hinge on keeping the competition authorities happy. What are its options?

Veolia Environnement is likely to invite “break-up” bids for its regulated UK water business, in order to raise the £1.2 billion or more that it is hoping to achieve from the sale.

 
While interested groups will be asked to submit bids for all three of the Veolia UK water companies (Veolia Central, Veolia East and Veolia Southeast), the offers ...

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