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Suez: Veolia Environment

Question for Department for Business, Energy and Industrial Strategy

UIN HL15042, tabled on 19 April 2021

To ask Her Majesty's Government what discussions they have had with the Competition and Markets Authority following Veolia's agreement to acquire SUEZ Group.

Answered on

28 April 2021

Competition investigations into mergers are a matter for the Competition and Markets Authority (CMA), which is an independent non-Ministerial department. In the normal course of an investigation, the CMA may reach out to relevant stakeholders, including other regulators or relevant government departments to assist in its understanding of the market. The CMA is currently considering whether to refer Veolia’s acquisition of a minority shareholding in Suez and Veolia’s proposed public takeover bid for the remaining share capital of Suez for an in-depth review. The CMA will publish updates on its review of this transaction on its website.

Answered by

Department for Business, Energy and Industrial Strategy