REFILE-UPDATE 2-Veolia raises stakes in French water wars with hostile Suez bid
(Fixes typo in paragraph two) PARIS, Feb 8 (Reuters) - French waste and water management firm Veolia vowed on Monday to press ahead with its bid for smaller rival Suez despite new legal hurdles and a government warning over the increasingly hostile takeover battle. The standoff between the two historic competitors and heirs to 19th century water companies that have become global firms has descended into a series of tit-for-tat manoeuvres as Suez tries to fend off Veolia. Veolia, which has argued that merging would better equip the companies to face rivals emerging in China, upped the ante aga...
Source: reuters.com