United Kingdom

Benjamin Mallet

France's Veolia keeps final-quarter target after profit rise

05 Nov 2020

PARIS French water and waste management group Veolia , which is targeting smaller rival Suez in a bitter takeover battle, reported higher third-quarter profit on Thursday after a strong rebound in activity and cost savings.

Veolia ups pressure on Suez board to enter takeover talks

03 Nov 2020

PARIS French water and waste management group Veolia turned up the pressure on bid target Suez on Tuesday, saying it would take its offer direct to Suez shareholders if the board continued to reject its overtures.

Total cuts investment target, keeps dividend amid pandemic

30 Oct 2020

PARIS Total trimmed its 2020 investment target on Friday after a sharp drop in third-quarter net profit, though the French oil and gas producer maintained its dividend.

Hercules tested as France battles Brussels over power giant EDF

08 Oct 2020

PARIS, Oct 8 French plans to ring-fence EDF's nuclear arm from the rest of the power giant have triggered differences between Paris and Brussels over how it should be structured, a source close to the discussions told Reuters.

EDF expects nuclear regulation reform is imminent - sources

01 Oct 2020

PARIS French utility EDF expects that a reform of regulations covering its French nuclear fleet will pass quickly, within a few weeks or months, two sources familiar with the situation told Reuters.

Veolia, Engie close to deal on Suez stake as talks extended

01 Oct 2020

(This Sept. 30 story corrects to read 'views' not 'vote' in paragraph 15)

France's Veolia: we're open to talks on Suez offer price

22 Sep 2020

PARIS French utility Veolia said on Tuesday it was open to discussions about the price it is offering to acquire Engie's stake in water and waste management group Suez .

Engie calls Thursday board meeting to review Suez options: sources

15 Sep 2020

PARIS/MADRID Engie's board of directors is set to meet on Thursday to discuss Veolia's bid for its 29.9% stake in Suez, with the clock ticking for the French waste and water management group to come up with a counter-plan, sources told Reuters.

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