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Veolia Environnement is expected to sign for the sale of its UK regulated water business next month, according to sources cited by the Wall Street Journal. Subject to antitrust clearance, the deal would then close by the end of the summer.
Three consortia are reportedly in the running for the utility, led by Goldman Sachs, Infracapital and Icon Investments respectively.
Veolia Water serves a population of more than 3.5 million across three different areas and is valued at £1 billion.
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