Thursday, June 28, 2012

UPDATE 2-Veolia sells UK water unit for $1.9 bln to cut debt

PARIS, June 28 (Reuters) - French utility Veolia
Environnement has sold a majority stake in its
regulated UK water business for 1.24 billion pounds ($1.92
billion) including debt, notching a milestone in its overhaul
aimed at returning to profitability and cutting debt.

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