Brief: Veolia To Sell Part Of Its Activities In Industrial Water Treatment Services In France To Seche Environnement

Seche Environnement SA

24/05/2022 16:57

May 24 (Reuters) - Seche Environnement SA  CCHE.PA :
    * VEOLIA  VIE.PA  AND SéCHé ENVIRONNEMENT SIGN AN AGREEMENT
TO
SELL A PART OF VEOLIA’ ACTIVITIES IN INDUSTRIAL WATER TREATMENT
SERVICES IN FRANCE TO SéCHé ENVIRONNEMENT
    * VALUE OF SALE OF ASSETS AMOUNTS TO APPROXIMATELY EUR 40
MILLION
AND WILL BE FINANCED WITH SÉCHÉ ENVIRONNEMENT'S AVAILABLE CASH
FLOW
    * ASSETS DISPOSAL INCLUDES A PORTFOLIO OF CONTRACTS WITH
INDUSTRIAL COMPANIES, GENERATING ANNUAL REVENUES OF AROUND EUR
60 MILLION AND EBITDA OF AROUND EUR 4 MILLION

Source text for Eikon:  ID:nBw8PncRsa 
Further company coverage:  CCHE.PA ,  VIE.PA 

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