News — 02/09/2022
Geradin Partners represents Veolia in its €13 billion acquisition of Suez
Partners Tom Smith and Stijn Huijts represented Veolia Environnement, a global leader in waste management, in the UK merger control aspects of its global acquisition of Suez. The UK’s Competition and Markets Authority (“CMA”) issued its conditional clearance in August 2022 after a complex 18-month Phase 2 investigation, which will result in certain UK assets of Suez being divested to solve the CMA’s competition concerns. Merger clearances were achieved in many countries worldwide, with remedies also having been required by the European Commission and the Australian Competition and Consumer Commission.