Assessing the collateral damage

Will RWE be able to make its numbers in the US?

On 9 January 2003, Suez presented its Action Plan to turn around the group after horrendous losses in emerging markets in 2002. A key plank of the strategy was to “concentrate on the soundest markets with the most recurrent revenues (the European Union and North America)”.

After its subsequent announcements about Atlanta, Halifax and New Orleans, Suez shareholders may well ...

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