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IN BRIEF / WATER

Suez to Sell Treatment Unit to Buyout Firms

September 05, 2003|From Bloomberg News

Suez, the world's second-largest water company, agreed to sell its Naperville, Ill.-based Ondeo Nalco water-treatment unit to a group of buyout firms led by Blackstone Group for $4.35 billion.

Goldman Sachs Capital Partners and Apollo Management joined Blackstone in the bid, Paris-based Suez said.

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