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Veolia ES Singapore (VESS)
Company in the news
Boustead Projects subsidiary receives legal letter on civil and associated works damages from Veolia ES
Boustead Projects E&C says it is currently seeking formal legal advice on the matter, but it intends to “vigorously dispute” Veolia’s “unreasonable” claim.
September 04, 2020
M&A
Sembcorp completes acquisition of Veolia’s public cleaning business for $19.2 mil
The amount was arrived at after taking into account VESS and VESSI’s earnings, book value, and values of their existing contracts.
June 30, 2020
Deals, joint ventures & alliances
Sembcorp-Veolia deal gets go-ahead from competition watchdog
In a media statement today, CCCS concluded that the merged entity would continue to face sufficient competition in the relevant markets from other suppliers in Singapore and overseas.
February 19, 2020
M&A
Competition watchdog to assess if Sembcorp-Veolia deal could result in 'substantial lessening of competition'
CCCS is investigating if the acquisition would infringe the Competition Act - which prohibits mergers that are expected to result in a substantial lessening of competition within any market in Singapore
January 16, 2020
M&A
Sembcorp acquires Veolia's public cleaning business for $28 mil
SINGAPORE (Jan 3): Sembcorp Industries is acquiring a 100% stake in Veolia ES Singapore (VESS) and its public cleaning business for $28 million.
January 03, 2020