Bloomberg Veolia Environnement SA agreed to acquire Suez SA, ending a long and bitter takeover battle with a sweetened offer. After months of fierce resistance from Suez’s management, Veolia unlocked a deal, pledging to sell back a bigger part of its French water rival to maintain competition. It also offered “social commitments” for employees of the utility. The deal gives …

Bloomberg Delta Air Lines Inc stuck to its upbeat financial forecasts despite posting a bigger-than-expected loss in the first three months of the year and jarring Wall Street with its outlook for cost pressures tied to the travel rebound. The carrier still expects to stop burning cash this quarter and to return to profitability in the third “if recovery trends …

Bloomberg Avianca Holdings SA plans to raise $1.8 billion to repay debt and provide new financing as the Colombian airline eyes an exit from the bankruptcy reorganisation it was forced into last year during the pandemic-driven travel collapse. The air carrier retained Seabury Securities LLC to help raise the exit financing, likely a combination of debt and equity, the company …