Franco-Italian JV awaits EU go-ahead
- From: Vol 9, Issue 9 (September 2008)
- Category: General
- Region: Europe
- Country:
- Related Companies: Acea and Ondeo/Suez
Acea and Suez Environnement are re-aligning their municipal water activities in Italy. The move should preclude further fines from the anti-trust authority.
Acque Blu, a new joint venture between Italian multi-utility Acea and Suez Environnement, is due to receive the all-clear from the European Commission on 16 September, after an application for authorisation was filed on 11 August.
The two companies are keeping details of the move strictly under wraps, though it is understood that Acea will hold 55% of the JV ...
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
