Veolia aims to buy Suez stake as prelude to forge new global player

Veolia aims to buy Suez stake as prelude to forge new global player

French water and waste firm Veolia is offering to buy a 29.9% stake in its smaller peer Suez from French gas and power utility Engie for 2.9 billion euros, saying it aims to create a “world champion of ecological transformation”. If the offer is accepted by Engie,...
Nestle to Buy Allergy Treatment Maker in $2.6 Billion Deal

Nestle to Buy Allergy Treatment Maker in $2.6 Billion Deal

Nestle SA agreed to buy Aimmune Therapeutics Inc. in a $2.6 billion deal, adding a leader in the treatment of peanut allergies in its biggest health-science push yet. The Swiss owner of Nespresso will pay $34.50 a share for the U.S. biotech firm, almost triple its...