VE share placement done
- From: Vol 3, Issue 12 (December 2002)
- Category: Companies
- Region: Europe
- Country: France
- Related Companies: AGF, Axa, BNP Paribas, CNP, Credit Agricole Indosuez, Credit Lyonnais, Dalkia, Electricité de France, Société Générale and Veolia Environnement (formerly Vivendi Environnement)
Electricité de France (EDF) has emerged as a possible suitor for VE but there are legal issues.
Vivendi Universal (VU) has completed the sale of 20.4% of its stake in Vivendi Environnement (VE) for an estimated price of €1.85 billion. The package of shares has been placed with a group of investors led by French electricity company EDF and which includes the banking and insurance companies Axa, AGF, BNP Paribas, Crédit Lyonnais, CNP, Cr ...
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