Homeserve to acquire rest of Doméo SA

Repair services firm HomeServe is set to acquire Veolia Environnement's 51% share of Doméo SA, giving HomeServe 100% ownership, for a consideration of £83m.

Repair services firm HomeServe is set to acquire Veolia Environnement's 51% share of Domo SA, giving HomeServe 100% ownership, for a consideration of £83m.

The two firms have also agreed a long term marketing agreement which allows for continued use of Veolia's brands by Domo in France.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.