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Veolia Environnement SA (VIE.PA)

VIE.PA on Paris Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Veolia issues 1 bln Renminbi Panda bond
Friday, 2 Sep 2016 02:44am EDT 

Veolia Environnement SA : Veolia is the first french issuer of a Panda Bond . Has successfully issued a bond for a nominal amount of 1 billion renminbis (135 million euros) on Chinese domestic market (Panda Bond) . Bears an interest rate of 3.5 pct for a 3 year maturity . Bond was issued to Chinese and international investors .Proceeds of this bond will be used to refinance debt related to investments that group has made in China.  Full Article

Veolia says profitability of recent acquisitions above group average
Monday, 1 Aug 2016 03:46am EDT 

: Veolia says no plan to change current rhythm of acquisitions . Veolia says five recent big deals represent about 2 percent of veolia turnover, will boost revenue in h2 . Veolia says french water business challenges are permanent in terms of low inflation, low prices for waste . Veolia says will accelerate cost reductions in french business, 40 percent of h1 cost cuts h1 were in france . Veolia says had lot of interest for remaining 30 percent stake in transdev from investment banks . Veolia shares up 2.5 percent following earnings release . Veolia says profitability of five major recent acquisitions is better than average of the group . Veolia says does not want to explode debt level, wants to stay at between 8 to 9 billion euros . Veolia says several more deals under negotiation . Veolia says sale of remaining 30 percent stake in transdev will take some time, base for valuation will be 2016 earnings .Veolia says we do not intend to give money back to shareholders, we prefer to increase dividend.  Full Article

Transdev: draft shareholding agreement between Caisse des Dépôts and Veolia
Friday, 29 Jul 2016 01:22pm EDT 

Veolia : Transdev: draft shareholding agreement between Caisse des Dépôts and Veolia . Announce that they have reached an agreement for reorganization of shareholdings and Veolia's withdrawal from Transdev group . Caisse des Dépôts would acquire 20 pct of Transdev's capital for 220 million euros ($245.5 million), given that 50 pct of capital is valued at 550 million euros . Following this operation, Caisse des Dépôts would own 70 pct of Transdev's capital and would take exclusive control, while Veolia would retain 30 pct on a transitional basis .Both parties are keen to finalize this operation by end of 2016.  Full Article

Veolia says reached deal with French state bank CDC for Transdev stake
Friday, 29 Jul 2016 01:19pm EDT 

Veolia: French water and waste group Veolia says it has reached deal with state bank Caisse des Depots (CDC) on passenger transport group Transdev shareholding and Veolia's divestment. . Veolia says CDC will acquire 20 percent of Transdev's capital for 220 million euros ($245.52 million), valuing 50 percent of Transdev at 550 million euros. . Veolia says CDC will hold 70 percent of Transdev's capital after the deal and will take complete control. Veolia will keep 30 percent of the company. .The companies expect the deal to be completed by end-2016.  Full Article

Veolia wins $101 million contract in Zambia
Thursday, 28 Jul 2016 12:30pm EDT 

Veolia Environnement SA :Wins $101 million contract to help improve the supply and treatment of water in Zambia.  Full Article

Veolia in 3 bln euro joint-venture with China's Sinopec - les echos
Wednesday, 27 Jul 2016 03:31pm EDT 

Veolia Environnement Sa : French business daily Les Echos says Veolia in 3 billion euro ($3.31 billion) joint-venture with China's Sinopec for water treatment . Joint-venture said to create 800 jobs ($1 = 0.9053 euros) (Reporting by Richard Lough; editing by Bate Felix) ((richard.lough@thomsonreuters.com;)).  Full Article

Veolia buys Hungairan biomass power plant
Wednesday, 27 Jul 2016 02:06am EDT 

Veolia Environnement Sa : Veolia expands its renewable energy activities in hungary through the acquisition of the szakoly biomass power plant Veolia, through its subsidiary Veolia Energy Hungary Co. Ltd., has acquired DBM Zrt, the company that owns the Szakoly biomass power plant. With this acquisition, Veolia now owns and operates the fifth largest power plant in Hungary producing electricity purely from biomass, which generates an annual revenue of €16.7 million. Following the power plants of Pécs and Dorog, the Group pursues its development in the production of renewable energy in Hungary. (Paris newsroom, paris.equities@thomsonreuters.com email; +33 1 4949 5452).  Full Article

Veolia wins three waste treatment contracts for total of £71 million
Tuesday, 26 Jul 2016 02:35am EDT 

Veolia : Veolia wins three waste treatment contracts with Westminster City council .Three contracts worth a total of £71 million ($92.92 million).  Full Article

Gabonese Republic and Veolia are renewing partnership
Friday, 8 Jul 2016 10:39am EDT 

Veolia Environnement SA :Gabonese Republic and Veolia are renewing their partnership as part of strategic plan for an "emerging Gabon".  Full Article

Gabonese Republic and Veolia reform their partnership
Friday, 8 Jul 2016 04:10am EDT 

Veolia : Gabonese Republic and Veolia have decided to reform their partnership at the end of the current concession .Long-tern partnership will in particular aim to further increase the service coverage and improve customer satisfaction for both electricity and drinking water.  Full Article

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