Wed, Jul 30, 2014
A A A
Welcome sandeep.kottawar@wns.com
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 14478 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

July 2014
M T W T F S S
« Jun    
 123456
78910111213
14151617181920
21222324252627
28293031