Reuters: Private Equity: Natixis' Cube in new bid for Veolia-Transdev-report

Reuters: Private Equity Reuters.com is your source for breaking news, business, financial and investing news, including personal finance and stocks. Reuters is the leading global provider of news, financial information and technology solutions to the world's media, financial institutions, businesses and individuals. // via fulltextrssfeed.com

Natixis' Cube in new bid for Veolia-Transdev-report Jun 11th 2012, 06:10 PARIS, June 11 | Mon Jun 11, 2012 2:10am EDT PARIS, June 11 (Reuters) - Cube, an investment fund owned by Natixis, has made a new offer for transport company Veolia-Transdev, jointly-held by French utility Veolia Environnement and state-owned bank Caisse des Depots et Consignations, daily Les Echos said on Monday. The paper, citing a source familiar with the matter, said Cube was proposing 150 million euros less than under a previous offer but would take on all of Veolia-Transdev's debt estimated at 900 million euros. The value of Cube's initial offer has not been disclosed. Veolia Environnement, which is shedding assets as part of an overhaul, announced early in December its intention to sell its transport business, one of its four core activities. . Veolia Environnement had no immediate comment. (Reporting by Dominique Vidalon, Benjamin Mallet; Editing by Mark Potter)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions