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Veolia/Suez: the European Commission finds no gun-jumping and clarifies the scope of the public bid exemption to the standstill obligation | White & Case LLP

To embed, copy and paste the code into your website or blog: In the midst of the Homeric battle between Veolia and its takeover target, Suez, the European Commission rejects Suezs gun-jumping claim and provides further clarifications on the scope of the exemption to the standstill obligation in the case of two-step acquisitions encompassing a public bid. On 30 August 2020, Veolia announced its intention to take over its main competitor in the French water supply market, Suez, as a way to create...
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