M&AInfrastructureSIGNED
AMB Nears Awarding €1 Billion Barcelona Water Contract to Veolia
Value
€1.0Bn
Acquirer
Veolia
Target
Barcelona Water Contract
The Metropolitan Area of Barcelona (AMB) is close to awarding a major water management contract worth €1 billion to Veolia. Veolia's economic offer, which includes a 60% reduction, has drawn criticism from competing companies.
✦ Meridian Analysis
This is a significant infrastructure and utilities tender in Spain, with Veolia emerging as the likely winner. The substantial discount offered by Veolia is a key factor in the competitive bidding process.
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