Suez buoyed by market gains
- From: Vol 4, Issue 2 (February 2003)
- Category: Performer of the month
- Region: Unspecified
- Country: France, United Kingdom and United States
- Related Companies: American States Water, American Water Works, Betz (formerly BetzDearborn), Cadiz Inc, Calgon Carbon, California Water Service Co (Cal Water), General Electric/Osmonics, Ionics, Layne Christensen, Millipore, Northumbrian Water, RWE, Sabesp, Suez, United Water, Veolia Environnement (formerly Vivendi Environnement) and Western Water Company
The company’s decision to sell Northumbrian Water has gone down well.
Two main themes emerged from our analysis of global stock markets in January. Firstly, the market reaction to Suez’s decision to sell Northumbrian Water was largely positive. Secondly, the water sector fell victim to the overall market malaise as investors grew nervous about the impact of a possible US attack on Iraq.
While the private water industry worried about ...
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