Veolia’s big bid for Haikou Water

The French company has agreed to pay a gobsmacking price for the utility serving the capital of Hainan Island.

Veolia has won the auction for a 50% interest in Haikou Water Group, with an ambitious bid which has both pleased and concerned the Haikou municipal authorities. At RMB950 million ($123.2 million), Veolia’s bid for the utility which serves Hainan Island’s capital is equal to 306% of the minimum bid price of RMB310 million ($40.2 million ...

Subscription required

To read this full article you must be subscribed to Global Water Intelligence. Subscribe Now, Sign up for a Free Trial or Log In

Subscribe online today

  • Monthly print magazine
  • Unlimited online access
  • Project Tracker Database
  • Access to the GWI Archive
  • Annual Tariff Survey
  • 10 online users per office location.

Free 2 week trial

  • 1 Trial copy of GWI Magazine
  • Online access to globalwaterintel.com
  • Weekly news and insight from GWI Briefing