Shareholder activists target Suez
- From: Vol 7, Issue 9 (September 2006)
- Category: General
- Region: Europe
- Country: France
- Related Companies: Knight Vinke Asset Management and Suez
Suez may have the political support for the Gaz de France merger. But it may need to spin off its water business to win over shareholders.
Lyonnaise des Eaux could re-emerge as the world’s largest water group from the controversy over the proposed merger between Suez and Gaz de France. While the French parliament now seems likely to pass the law necessary to enable the merger to proceed – despite the introduction of almost 140,000 amendments – a decisive minority of Suez shareholders look set to ...
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