Mergers & Acquisitions Mergers & Acquisitions

Veolia's 2020 acquisition of Suez stake sparks gun-jumping probe in India

By Freny Patel
  • 11 Jan 2022 17:55
  • 11 Jan 2022 17:55
Veolia is facing gun-jumping proceedings and a possible penalty in India, with the country’s antitrust authority claiming the waste-management and utility company failed to notify its acquisition of an initial 29.9 percent stake in rival Suez, MLex has learned.

The Competition Commission of India, or CCI, says the Paris-based Veolia should have notified

To view the latest version of this document and thousands of others like it, sign-in to MLex or register for a free trial.

Discover MLex

Stay on top of global regulatory developments

LEARN MORE LEARN MORE

Latest News