Veolia will not seek Suez board seat if buys Engie stake: CEO

FILE PHOTO: The logo of Suez is seen on the top of a building in Rueil-Malmaison, France, August 17, 2019. REUTERS/Charles Platiau/File Photo

PARIS (Reuters) – Veolia VIE.PA will not ask for a seat on Suez SEVI.PA board if the French company buys Engie’s ENGIE.PA 29.9% stake in the water and waste group, CEO Antoine Frerot said on Friday.

Frerot also told reporters that Veolia would only use its voting rights in a Suez shareholder meeting to defend its interests.

Reporting by Benjamin Mallet; Writing by Matthieu Protard. Editing by Jane Merriman


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