2022---veolia--blackrock-now-holds-less-than-5--of-the-capital---10-14-2022-at-1-00-p-m- -

For years, BlackRock had been the silent partner in Veolia’s global mission to manage the world's water and waste. They were the "invisible hand" behind the scenes as Veolia fought a titanic battle to absorb its rival, Suez. But on this Friday afternoon, the tide went out.

By the time the markets closed for the weekend, the message was clear. The "Five Percent Club" had lost a member, and Veolia was moving into its next chapter with a little less shadow and a lot more independence. For years, BlackRock had been the silent partner

The news broke like a silent wave: , the world’s largest shadow power, had quietly slipped below the 5% threshold of Veolia’s capital. Suez. But on this Friday afternoon