💨 Abstract

Spanish holding company Criteria has announced a 5% stake purchase in French waste and water management firm Veolia Environnement, worth around €1.06 billion. The investment is part of La Caixa foundation's plan to increase its portfolio's value by €13 billion by 2030. Criteria will also have a representative on Veolia's board.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖