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French government to be vigilant over Veolia's engagements on jobs: minister - Metro US

French government to be vigilant over Veolia’s engagements on jobs: minister

FILE PHOTO: The logo of Veolia is seen in Aubervilliers

PARIS (Reuters) – The French state will be vigilant over engagements that water and waste firm Veolia <VIE.PA> makes regarding keeping jobs and key activities in France as part of its offer to buy Engie’s <ENGIE.PA> stake in Suez <SEVI.PA>, Finance Minister Bruno Le Maire said on Monday.

Veolia on Sunday offered to buy a 29.9% stake in smaller peer Suez from Engie for 2.9 billion euros, saying it aimed to create a “world champion of ecological transformation”.

(Reporting by Leigh Thomas; writing by Matthieu Protard; editing by Jason Neely)

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