BRIEF-Veolia says reached deal with French state bank CDC for Transdev stake

July 29, 2016 5:19 PM

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* French water and waste group Veolia says it has reached deal with state bank Caisse des Depots (CDC) on passenger transport group Transdev shareholding and Veolia's divestment.

* Veolia says CDC will acquire 20 percent of Transdev's capital for 220 million euros ($245.52 million), valuing 50 percent of Transdev at 550 million euros.

Also read: UPDATE 1-China banks agree debt restructuring deal with Sinosteel -Bank of China

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