Suez’s perspective
- From: Vol 4, Issue 6 (June 2003)
- Category: General
- Region: Europe
- Related Companies: Northumbrian Water and Ondeo/Suez
The Northumbrian deal has enabled Suez to further reduce its debt burden.
For former parent Suez, the Northumbrian transaction is the latest milestone in its much-publicised 2003/04 Action Plan announced at the start of the year (see GWI, Vol. 4, Issue 1, p. 7).
In a statement released on 17 May, the company said the sale of Northumbrian would allow it to reduce debt by €3.1 billion. It also brought ...
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