1. Suez this month completed the HK$4.173 billion €468 million) acquisition of the remaining 42% stake in its Chinese joint venture Suez NWS, valuing the business at €1.3 billion, or just over eight times 2018 EBITDA. 2. Fluence Corporation shares were marked up strongly after the company announced its first volume contract for the supply of packaged wastewater treatment plants in China's Jiangsu Province, worth US$2.15 million. 3. Chinese activated carbon supplier CN Energy has established a new subsidiary to facilitate its expansion into the water purification space. 4. ASX-listed industrial water chemicals supplier SciDev this month completed an A$18 million (US$13 million) institutional share placement, and was due to issue a further A$2 million of equity under a share purchase plan as GWI went to press.
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