Suez Asks European Court To Step Into Fray Over Veolia Deal

Law360 (March 19, 2021, 4:52 PM EDT) -- Suez Group has urged the European Union's second-highest court to overturn a decision by the bloc's competition watchdog not to challenge Veolia's purchase of a nearly 30% stake in Suez as part of a hostile takeover of the water treatment giant.

European Commission regulators rejected Suez's bid for a competition review of the minority acquisition in December. Court records show Suez appealed the decision to the General Court in Luxembourg on Feb. 25. The grounds of the appeal are not yet clear.

The latest developments on the legal front come as Veolia Environnement SA continues pressing to assume control of Suez...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.


  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!

TRY LAW360 FREE FOR SEVEN DAYS

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Beta
Ask a question!