Maroc: Lydec changes hands after the Veolia-Suez marriage

Veolia Environment’s takeover of Suez.SA in France closely concerns the subsidiaries of these two groups in Africa. Thus Lyonnaise des Eaux Casablanca (Lydec), a company listed on the Casablanca Stock Exchange, which has been distributing water in the Moroccan economic capital since 1997, has been taken over by Veolia. Indeed, according to a note from…...