According to sources, the EU’s exclusive antitrust regulator agrees to the cooperation between Veolia and Suez

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© Reuters. File photo: Veolia’s logo was seen on April 12, 2021 in Saint-Herbrand, near Nantes, France. REUTERS/Stephane Mahe

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BRUSSELS/PARIS (Reuters)-A person familiar with the matter said on Wednesday that the EU antitrust regulator will approve the merger of Veolia and Suez after the French waste and water management company provides remedial measures.

This transaction valued at nearly 13 billion euros ($14.7 billion) will create a global giant that can better meet Chinese challengers.

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