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Suez Environnement Company SA and NWS Holdings Limited sign sale agreement of indirect interest through joint-venture


Friday, 16 May 2014 02:22am EDT 

Suez Environnement Company SA:Announces that along with its partner NWS Holdings Limited, through their equally-owned joint venture Sino-French Holdings (Hong Kong) Limited, entered into a share purchase agreement to sell 90% of their indirect stake in Companhia de Electricidade de Macau o Nam Kwong Development (H.K.) Limited.The transaction is subject to some conditions precedent, including amongst others customary approvals.The aggregate transaction consideration is $ 612 million for Sino-French Holdings (Hong Kong) Limited. 

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