France: Antitrust concerns sabotage Veolia and Suez merger

Veolia Environment and Suez Environment are both denying the possibility of a merger after meetings held in September about a potential deal lead to irreconcilable issues. The two waste, water and environmental service companies abandoned plans after it was determined the merger would lead to a market share too large, requiring regulatory clearance. The companies have suggested the issue may be a sign of tough economic times.

Full Content: Reuters

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