ELECTRABEL AGREES ON SUEZ

[BIZ: Brussels, August 24]
The board of Electrabel has come up with a positive advice on the takeover of the shares of the group by the French group Suez. The board’s decision is based on the ‘fairness opinions’ of Goldman Sachs and KBC Securities. The banks investigate the price of the operation, the interest of the creditors, shareholders and the employees and written guarantees of employment are also provided.
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