Suez and la Caixa reinforce Agbar acquisition agreement
- From: Vol 9, Issue 1 (January 2008)
- Category: General
- Region: Europe
- Country: Chile
- Related Companies: Aguas de Barcelona, Criteria Caixa, Gaz de France, Hisusa and Suez
Agbar’s heavyweight shareholders have tightened their grip on the Catalan company even further. Board meetings will never be the same again.
Having finally secured a majority stake of 56.46% in Agbar last November, key shareholders Suez Environment and Criteria CaixaCorp have committed themselves to consensually agreeing all decisions on Agbar’s board, “in order to establish a common policy for managing” the Catalan company.
A document certifying the agreement was made public at the end of December, days before the ...
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