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Veolia CEO Ferot rules out extending expiry deadline for Suez stake bid

PARIS, Sept 23 (Reuters) - The head of French water and waste management company Veolia ruled out on Wednesday extending the deadline for the expiry of its bid for a stake in rival Suez.

“No, I will not extend the validity date of my offer,” Antoine Frerot told a hearing at the National Assembly.

Veolia last month offered to pay 2.9 billion euros for a 29.9% stake in Suez owned by Engie, with a view to subsequently taking full control of Suez by buying up more shares. The deadline for Veolia’s bid is Sept.30

Reporting by Bertrand Boucey, Writing by Dominique Vidalon, Editing by Louise Heavens

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