Press release of June 14th 2006
15 June 2006 - Finances
Veolia Environnement has stated in public that it intends to propose an alliance with VINCI, the world leader in concessions and construction.
VINCI’s view is that an alliance of the two groups would be of no strategic interest, would not create any synergies and would not create value for its shareholders.
VINCI considers this unrequested proposal to be of a hostile nature.
VINCI is a global player in concessions, energy and construction businesses, employing more than 260,000 people in nearly 120 countries. We design, finance, build and operate infrastructure and facilities that help improve daily life and mobility for all. Because we believe in all-round performance, we are committed to operating in an environmentally, socially responsible and ethical manner. And because our projects are in the public interest, we consider that reaching out to all our stakeholders and engaging in dialogue with them is essential in the conduct of our business activities. Based on that approach, VINCI’s ambition is to create long-term value for its customers, shareholders, employees, partners and society in general.