Berlinwasser International up for sale
- From: Vol 5, Issue 11 (November 2004)
- Category: General
- Region: Europe
- Related Companies: Amiantit, Aqualia, Aquamundo, Berlinwasser, Darco, Dayen Environmental, FCC, Gelsenwasser, InfraMan, MVV Energie, Salcon Bhd, Saur/Bouygues, United Utilities and Veolia
The city can’t afford to keep it. Its other shareholders have little interest in seeing it grow.
At a meeting in late October, Berlinwasser Holding’s supervisory board agreed to “initiate a divestment procedure” for Berlinwasser International (BWI), the international division of the company with interests in eastern Europe, Asia, Africa and China. The move reflects the pressure on the holding company to strengthen its balance sheet and the divergent strategies of its two minority shareholders, RWE ...
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