Eon trying for Saur again
- From: Vol 3, Issue 1 (January 2002)
- Category: General
- Region: Europe
- Country: France
- Related Companies: Eon, Powergen, Saur/Bouygues, Scottish Power and Suez
EON IS THOUGHT TO BE MAKING ANOTHER BID to enter the global water market, a year after it admitted defeat in its attempt to acquire Saur (see GWI, Vol. 1, Issue 7, p.5)
This time around, it is proposing an asset swap with French company Bouygues that would give it a 100% stake in Saur, the world’s fourth largest water company. The two companies are believed to be negotiating a €2 billion deal where Eon would return its 17.5% stake in Bouygues Telecom to the company in exchange for 100% of ...
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