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Clock stops on Veolia-Suez Australian review, as regulator asks for more detail

By Laurel Henning ( September 8, 2021, 05:13 GMT | Insight) -- Veolia’s bid for its rival Suez is facing regulatory delays in Australia, after the country’s competition regulator announced today it had stopped the clock on its review of the merger. In an update to the Australian Competition & Consumer Commission’s dedicated website for the deal, the regulator said it had delayed a provisional announcement deadline of Sep. 16 to allow Veolia more time to provide additional information. No new deadline has been announced at this stage.Veolia’s bid for its rival Suez is facing regulatory delays in Australia, after the country’s competition regulator announced today it had stopped the clock on its review of the merger....

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