Wed, May 27, 2015
A A A
Welcome asarmad
RSS

Sovereign Wealth Funds Briefing - Categorized | Fund Management/Administration, Investment

France’s GDF Suez, Suez Environnement deny report of stake swap deal with Spain’s La Caixa

Posted on 05 May 2014

French utility GDF Suez and Suez Environnement on Sunday denied a report that Spanish group La Caixa would take a stake in the environmental services firm, replacing lead shareholder GDF Suez.
Suez competitor Veolia has started talks with Norway’s sovereign wealth fund, which could double the fund’s three percent stake in the group and give it a seat on the board. It also said Saudi Arabia’s sovereign wealth fund was interested in taking a Veolia stake. Norway’s fund has a 2.98 percent stake in Veolia, making it the fifth-largest shareholder after the sovereign wealth fund of Qatar, which has 4.51 percent, Thomson Reuters data show………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 16322 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
M T W T F S S
« Apr    
 123
45678910
11121314151617
18192021222324
25262728293031