4.2.2004: Meldung: Suez sells its M6 equity stake
The disposal is consistent with the contract amendment signed February 2, 2004 between M6 and the French Audio Visual Higher Council (CSA).
""The Group (Lyonnaise des Eaux et Compagnie Financière de Suez) along with CLT, which has become RTL Group were involved in the channels creation 17 years ago. The Group has supported M6"s development as a stable, engaged and responsible shareholder, respecting the independence of channel management Jean Drucker et Nicolas de Tavernost who set up M6 and has contributed to its commercial, financial, and market successes. M6"s position in today"s audio-visual landscape is a source of great pride for Suez. With the disposals carried out in the French and Belgian communications sectors, Suez confirms its business strategy based on its energy and environment activities,"" emphasized Gérard Mestrallet, Chairman and CEO of Suez.
Suez, a worldwide industrial and services Group, active in sustainable development, provides companies, municipalities, and individuals innovative solutions in Energy - electricity and natural gas - and the Environment - water and waste services. In 2003, Suez generated revenues of EUR 39.6 billion (excluding energy trading). Suez is listed on the Euronext Paris, Euronext Brussels, Luxembourg, Zurich and New York Stock Exchanges.
Disclaimer Regarding Forward-Looking Statements This press release contains certain forward-looking statements, particularly with respect to future events, trends, plans or objectives, such as debt reimbursement maturities, operational profitability resulting from cost reductions, investment levels and the Action Plan"s impact on results. These statements are based on management"s current views and assumptions and involve a number of risks and uncertainties which may lead to a significant difference between actual results and those suggested either explicitly or implicitly in these statements (or suggested by past results). Additional information about these risks and uncertainties appears in documents filed by Suez with the U.S. Securities and Exchange Commission and the French Commission des Opérations de Bourse. The present forward-looking statements are offered as of the date of release, with no undertaking by Suez to update or revise them, whether in connection with new information, future events, or any other factor.