CORPORATE
- From: Vol 4, Issue 8 (August 2003)
- Category: Need to know
- Region: Unspecified
- Country: Germany, United Kingdom and United States
- Related Companies: Aqua America, Eon, Gelsenwasser, Kohlberg Kravis Roberts, Nalco, NM Rothschild, Ondeo, Philadelphia Suburban, Saur and US Filter
Germany: Energy group Eon sold its controlling interest of 80.5% in Gelsenswasser to a consortium made up of the municipalities of Dortmund and Bochum
The price paid was €835 million. The one-off profit accruing to Eon from the deal is around €500 million. The transaction remains to be approved by the German competition authority (BKA) and the federal economics ministry (see story, p.20).
United States: Suez declined to comment on media reports that it had received several enquiries over the possible sale of ...
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