Cleanaway in a $2.5b scrap for local Suez recycling assets

www.smh.com.au
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Cleanaway's $2.5 billion bid for the Australian recycling assets of Suez Groupe has set up a major scrap with the $20 billion waste giant Veolia Environnement which said it would legally challenge any deal that could derail its bid for Suez's French parent.
Cleanaway, the $5 billion ASX-listed waste management company, announced the proposal on Tuesday, one month after it first confirmed its interest in the Australian operations of Suez.

Veolia announced its plan to take…
Colin Kruger
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