Davis Polk is advising SUEZ on its $3.415 billion acquisition of GE Water & Process Technologies from General Electric Company with Caisse de dépôt et placement du Québec. The acquisition, which is expected to close by mid-2017, is subject to the receipt of required regulatory approvals.

SUEZ is a French industrial services and solutions company specializing in securing and recovering resources. Suez provides its customers, local authorities, industry and consumers, with concrete solutions to address new resource management challenges. The Water & Process Technologies Business of General Electric offers a comprehensive set of chemical and equipment solutions and services to help its customers manage and optimize their water resources and process challenges across industries and municipalities.

The Davis Polk corporate team includes partners Jacques Naquet-Radiguet and William H. Aaronson and associates Reid B. Fitzgerald and Sarah M. Weissman. Partner Pritesh P. Shah and associate Bonnie Chen are providing intellectual property and technology advice. Partner Jeffrey P. Crandall and counsel David Mollo-Christensen are providing executive compensation advice. Associate Anthony L. Oliva is providing tax advice. Counsel Betty Moy Huber is providing environmental advice. Counsel Jean-Mathieu Cot is providing antitrust and competition advice. Members of the Davis Polk team are based in the New York and Paris offices.