Veolia Israel Says Negotiating to Add Partners to Business

Dec 23, 2013 7:34 am ET

Dec. 23 (Bloomberg) -- Veolia Environment Israel Ltd. is in talks to bring in foreign and local investors, the company said in an e-mailed statement today.

Veolia Israel denied a Calcalist report that parent company Veolia Environnement SA was seeking to sell its local operations.

Veolia Environnement SA is almost two years into a turnaround plan designed to reduce the Paris-based utility’s global reach, curb debt and raise profitability.