Morocco : The Choice of the Municipalities to Buy Back the Redal and Amendis Contracts is in Line with Veolia’s Wish to Sell These Businesses
Veolia Morocco has been informed of the decisions taken by several municipalities in the administrative divisions (wilaya) of Rabat-Salé, Tangier and Tetouan, which have rejected the bid made by the Actis equity fund to acquire the Veolia Morocco subsidiaries Redal and Amendis. They instead propose to buy back the concession contracts for water, wastewater and electricity services operated by the two companies.
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