|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||30.24 - 30.40|
|52 Week Range||21.74 - 30.44|
|Beta (5Y Monthly)||0.50|
|PE Ratio (TTM)||25.57|
|Forward Dividend & Yield||1.03 (3.40%)|
|Ex-Dividend Date||May 13, 2019|
|1y Target Est||28.08|
Many investors are still learning about the various metrics that can be useful when analysing a stock. This article is...
(Bloomberg) -- Pennon Group Plc’s sale of its waste-management arm is attracting initial interest from suitors including Nordic buyout firm EQT AB, KKR & Co. and Macquarie Group Ltd.’s infrastructure arm, people familiar with the matter said.The U.K. company’s Viridor Ltd. unit could fetch as much as $5 billion, according to the people, who asked not to be identified because the information is private. Pennon has also been gauging interest from potential bidders including U.K.-based Dalmore Capital, French water company Suez, Equitix and Veolia Environnement SA, the people said.Pennon has kicked off a sale process and started sending information memoranda with details on the business to prospective bidders last week, the people said. It expects to get first-round offers in the next few weeks, according to the people.Some Viridor competitors may be reluctant to commit a large amount to a deal due to antitrust concerns, and there’s no certainty the prospective bidders will proceed with firm offers, the people said.Shares of Pennon jumped as much as 6.5% in London trading Tuesday, hitting a record high. They were up 3.8% at 3:33 p.m., giving the company a market value of about 4.9 billion pounds ($6.3 billion).Water UtilityPennon, which also owns the South West Water utility, said in September that it was conducting a strategic review to examine its growth options and capital allocation policy. The Viridor division works with more than 150 local authorities and major corporate clients and has more than 32,000 customers across the U.K., according to its website.Barclays Plc and Morgan Stanley are advising Pennon on the sale, the people said. Representatives for Pennon, Dalmore, EQT, Equitix, KKR, Macquarie, Morgan Stanley, Suez and Veolia declined to comment. A representative for Barclays didn’t immediately respond to requests for comment.At $5 billion, a sale of Viridor could become the biggest carveout of a division from a publicly traded U.K. firm since August 2018, when Whitbread Plc agreed to sell its Costa Ltd. cafe chain to Coca-Cola Co., according to data compiled by Bloomberg. British companies have been looking at selling or spinning off non-core operations as they face pressure to boost their stock prices.Smiths Group Plc has invited final bids for its $3 billion medical unit, people familiar with the matter said this month. Melrose Industries Plc is seeking a buyer for the bulk of its Nortek division in a potential $3 billion deal, Bloomberg News has reported. Engineering firm Senior Plc said last year it’s exploring the sale of an aerostructures business that supplies components to Airbus SE and Boeing Co.(Updates with latest share movement in fifth paragraph)\--With assistance from Francois de Beaupuy.To contact the reporters on this story: Dinesh Nair in London at email@example.com;Myriam Balezou in London at firstname.lastname@example.orgTo contact the editors responsible for this story: Ben Scent at email@example.com, Amy ThomsonFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
American Water Works' (AWK) arm completes the acquisition of Town of Glasgow water system. This buyout is set to add 300 customers to its existing customer base.
Antoine Frérot became the CEO of Veolia Environnement S.A. (EPA:VIE) in 2009. This analysis aims first to contrast CEO...
Information relating to the total number of voting rights forming the share capital
Release of the third supplement to the base prospectus of the "Euro Medium Term Notes" programme
Veolia Environnement S.A. (the "Company") hereby announces today the pricing terms of its previously announced offer to purchase for cash (the "Tender Offer") up to $100,000,000 aggregate principal amount (the "Maximum Tender Amount") of its 6.750% Notes due 2038 (the "2038 Notes"). The Offer to Purchase dated November 26, 2019 (the "Offer to Purchase," as it may be amended or supplemented from time to time) sets forth in further detail the terms and conditions of the Tender Offer.
Veolia Environnement S.A. (the "Company") hereby announces today the indicative early tender results of its previously announced offer to purchase for cash (the "Tender Offer") up to $100,000,000 aggregate principal amount (the "Maximum Tender Amount") of its 6.750% Notes due 2038 (the "2038 Notes"). The Offer to Purchase dated November 26, 2019 (the "Offer to Purchase," as it may be amended or supplemented from time to time) sets forth in further detail the terms and conditions of the Tender Offer.
Today we'll look at Veolia Environnement S.A. (EPA:VIE) and reflect on its potential as an investment. Specifically...
Veolia Environnement S.A. (the "Company") today announced the commencement of an offer to purchase for cash (the "Tender Offer") up to $100,000,000 aggregate principal amount (the "Maximum Tender Amount") (subject to possible increase or decrease at the Company's discretion) of its 6.750% Notes due 2038 (the "2038 Notes"). The 2038 Notes have an aggregate principal amount outstanding of $400,000,000.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will...