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BRIEF-Suez Environnement buys out 40 pct of Sembsita Pacific in Australia

Published 21/09/2015, 03:22 pm
© Reuters.  BRIEF-Suez Environnement buys out 40 pct of Sembsita Pacific in Australia
SEVI
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Sept 21 (Reuters) - Suez Environnement Company SA SEVI.PA :

* Strengthens its position in Australia through the buyout of Sembcorp 40 percent minority interest in Sembsita Pacific PTE LTD

* Purchase consideration is A$485 million ($347.8 million)

* Transaction is subject to foreign investment review board approval in Australia and expected to be completed by the fourth quarter of 2015

Source text: http://bit.ly/1j1NIox Further company coverage: SEVI.PA ($1 = 1.3945 Australian dollars) (Gdynia Newsroom)

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