Vivendi takes majority in Stadtwerke Weisswasser
- From: Vol 4, Issue 1 (January 2003)
- Category: General
- Region: Europe
- Country: Germany
- Related Companies: KPMG, OEWA and Veolia Environnement (formerly Vivendi Environnement)
In a deal worth €30 million.
Vivendi Water Deutschland is to acquire a 74.9% stake in the municipal utility of Weisswasser, in Saxony, eastern Germany. The town council’s finance committee voted in favour of the deal in December after a six-month tender procedure organised by KPMG Corporate Finance in which 12 bidders participated.
The majority holding will be acquired by Vivendi Environnement Görlitz ...
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