PARIS (Reuters) – Suez said on Sunday it had received a letter of intent from Ardian and GIP (Global Infrastructure Partners), which would help to find a quick solution to a takeover offer made by water and waste management company Veolia.
Suez said in a statement it was now willing to open a dialogue with Veolia with the aim of resolving the matter in the interest of all concerned parties.
It said the letter of intent paved the way for a solution, including an offer by the investors for Suez’ shares at a price of 18 euros ($22) per share.
($1 = 0.8277 euros)
Reporting by John Irish; Editing by Hugh Lawson