French government to be vigilant over Veolia’s engagements on jobs: minister

PARIS (Reuters) – The French state will be vigilant over engagements that water and waste firm Veolia makes regarding keeping jobs and key activities in France as part of its offer to buy Engie’s stake in Suez , Finance Minister Bruno Le Maire said on Monday.

Veolia on Sunday offered to buy a 29.9% stake in smaller peer Suez from Engie for 2.9 billion euros, saying it aimed to create a “world champion of ecological transformation”.

(Reporting by Leigh Thomas; writing by Matthieu Protard; editing by Jason Neely)