Veolia (VIE.PA) chief executive Antoine Frerot said on
Tuesday the water and waste group had resumed talks with French state-owned
financial institution CDC about promoting Veolia's stake in their Transdev
public shipping joint venture.
"Talks with CDC have resumed, we hope to have an
settlement approximately exiting from Transdev through the quit of this 12
months," Frerot advised reporters.
Veolia and CDC every personal 50 percent of Transdev. Veolia
has long wanted to sell all or a part of its stake to CDC, however CDC refused
to shop for it as long as Transdev owned afflicted France-Corsica ferry
operator SNCM.
With the sale of SNCM to a Corsican firm overdue last year,
the course is now clear for Veolia to barter the situations of its go out from
Transdev and the shipping business, which isn't center for Veolia.
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