|Bid||14.20 x 500000|
|Ask||14.45 x 27000|
|Day's Range||14.95 - 15.13|
|52 Week Range||12.55 - 16.99|
|PE Ratio (TTM)||32.78|
|Earnings Date||Oct 25, 2017 - Oct 30, 2017|
|Forward Dividend & Yield||0.72 (3.78%)|
|1y Target Est||17.17|
Scandal-hit Brazilian construction company Odebrecht denied accusations it paid $100 million to Venezuelan Socialist Party Vice President Diosdado Cabello, as alleged by the country's fugitive former chief prosecutor. Luisa Ortega, who fled Venezuela last month after coming out against the government and losing her job, made the accusation in Brasilia two weeks ago, although she did not present evidence. Odebrecht last year admitted, in a settlement with U.S. and Brazilian prosecutors, to paying bribes to officials across 12 countries in order to win contracts.
Official interest in privatizing water utilities in cash-strapped U.S. cities is extremely high, Aqua America Inc's CEO Christopher Franklin told Reuters in an interview on Thursday. In his 24 years with the company, Franklin said he has "never before" seen such a high level of interest among mayors and public officials in selling off their publicly-owned drinking and waste water systems. Some municipalities have turned to selling public assets, including utilities, to help raise money or pay for infrastructure improvements that towns cannot afford on their own.
General Electric Co has resumed negotiations to sell its industrial solutions business to Swiss engineering company ABB Ltd, after the U.S. industrial conglomerate moderated its price expectations, people familiar with the matter said. The move underscores the determination of John Flannery, who took over from Jeffrey Immelt as GE's chief executive on Aug. 1, to continue to divest non-core assets, as he carries out a review of the company's portfolio.
SUEZ North America has signed a five-year contract with the Mohawk Valley Water Authority to operate, manage and maintain Mohawk Valley’s water treatment plant, which provides service to approximately 126,500 people in Utica, NY and neighboring towns in Oneida and Herkimer counties.
The government of Peru's President Pedro Pablo Kuczynski said on Thursday that it was firing its special counsel in a corruption probe of Brazilian builder Odebrecht, sparking accusations of interference. Justice Minister Marisol Perez said she dismissed special attorney Katherine Ampuero for blocking Odebrecht's sale of its irrigation company Olmos. Perez said the decision put thousands of jobs at risk and deprived the state of revenues it would have seized as payment for reparations under a new anti-graft law.
General Electric Co won U.S. antitrust approval to merge its oil and gas business with Baker Hughes Inc to form a new publicly traded company, the Justice Department said on Monday. GE and Baker Hughes announced the deal in October, months after Halliburton's effort to buy Baker Hughes collapsed under pressure from the Justice Department. Under the agreement, GE will combine Baker Hughes with its oil and gas business, creating a company with $23 billion in annual revenue, the companies said.
The oceans cover almost 71% of the surface of the Earth and play a major role in the way our planet works. They produce 50% of the available oxygen, regulate the climate, store CO2 and are an essential resource for mankind.
SUEZ Ventures, the SUEZ Group venture capital fund, is supporting OPTIMATICS growth through a capital increase alongside with the existing shareholders, including the cleantech fund manager Emerald Technology Ventures.
French companies have spent more on overseas acquisitions so far this year than in the same period over the past decade, marking a sharp rebound from 2016, Thomson Reuters data released on Tuesday showed. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in 2017, up from less than $5 billion over the same period in 2016 when there were 243 deals, compared with 213 in 2017, the data showed.
French companies have spent more on overseas acquisitions so far this year than in the same period over the past decade, marking a sharp rebound from 2016 when political uncertainty limited their appetite for doing major deals, Thomson Reuters data shows. Outbound merger and acquisition activity by French firms has reached $40.8 billion so far in 2017, up from less than $5 billion over the same period in 2016 when there were 243 deals, compared with 213 in 2017, the data released on Tuesday showed. The activity was dominated by Essilor International's all-share acquisition of Italian eyewear group Luxottica in January.
European engineering groups ABB Ltd and Schneider Electric SE are competing for General Electric Co's industrial solutions division, which could fetch as much as $3 billion, according to people familiar with the matter. The divestiture would represent a key step by GE to focus on its core businesses and improve its operational performance, amid pressure from Nelson Peltz's activist hedge fund Trian Fund Management. ABB and Schneider Electric are through to the second round of bidding for GE's industrial solutions business, a provider of primarily electrical equipment, the sources said this week.
SHANGHAI, March 10, 2017 /PRNewswire/ -- SUEZ, a world leader in sustainable resource management, and NWS Holdings Limited (NWS Holdings), a prominent investor and operator of infrastructure and service ...
Jean-Louis Chaussade, chief executive officer at Suez SA, discusses his company's $3.4 billion acquisition of General Electric Co.'s water unit with Caisse de Depot et Placement du Quebec, their entry ...
French waste and water group Suez has boosted its industrial water treatment business with the 3.2 billion euros ($3.4 billion) acquisition of GE Water from General Electric. The deal will give Suez access to most major industries globally, including food and beverage, oil and gas, power, mining, pharmaceuticals, and micro-electronics and will make it a supplier to blue-chip companies such as Exxon-Mobil, Total, Shell, BASF, Nestle, Cargill, Intel, Samsung and Pfizer. Chief Executive Jean-Louis Chaussade told reporters on Wednesday the industrial water market was more important than Suez's traditional municipal water market, because industry accounts for 15-20 percent of global water consumption compared with just 5-8 percent for human consumption in cities.
General Electric's industrial water treatment business which is up for sale would be a good strategic fit for Suez, the French group's chief executive said on Wednesday. Suez last week confirmed that it might put in a a bid for GE Water, which French media have estimated as being worth anywhere between 2 and 3 billion euros ($2.1-3.2 billion).
French waste and water treatment group Suez Environnement is considering making a bid for General Electric's industrial water treatment business, a Suez spokeswoman said on Thursday, confirming media reports. French newspaper Le Figaro said on Wednesday that Suez was among a handful of other companies, mostly private equity firms which were left in the running after a second round of bidding for GE Water & Process Technologies. GE Water earns $250-$300 million a year before interest, taxes, depreciation and amortization.
French waste and water group Suez is considering an acquisition of the water business of U.S. industrial conglomerate General Electric, a Suez spokeswoman said on Thursday, confirming media reports. French newspaper Le Figaro reported on Wednesday evening that Suez was among a handful of other companies, mostly private equity firms, left in the running after a second round of bidding for GE Water & Process Technologies.
French waste and water company Suez is in the running to buy the water business U.S. industrial conglomerate General Electric has put up for sale, French newspaper Le Figaro reported in an advance copy of its Thursday edition. The French group was among a handful of other companies, mostly private equity firms, left in the running after a second round of bidding for GE Water & Process Technologies, the paper said, adding that Suez declined to comment.
Brazilian engineering group Odebrecht SA said it has agreed to sell its Olmos irrigation business in Peru to Brookfield Infrastructure Partners LP and Suez SA for an undisclosed sum. The announcement follows Odebrecht's failed attempt to sell its majority stake in a $5 billion natural gas pipeline project in Peru to Sempra Energy, which backed out of a deal on worries it could be held liable for any corruption. Odebrecht is at the center of Brazil's biggest graft scandal and is trying to sell off its assets to pay down its bloated debt.