Power play threatens AXA and Cube’s investment

A takeover proposal from a French investor could trigger the refinancing of some €2bn of debt for France’s third-largest water company, SAUR, in which AXA and Cube are stakeholders. That could significantly increase the cost of SAUR’s debt, potentially endangering the utility, shareholders argue.

To view this content, you need to sign in.


You should only be asked to sign in once. Not the case? Click here


Register now to access this content and more for free.

Share this