FlexiLingo
Why Is EVERYONE Getting Pushed Out of Saur? (WHAT’S REALLY GOING ON?) - Patrick Blethon got Ousted
- Business & money
Work with me: [email protected] Get a slot directly in my calendar: https://dww.show/meet Why Was Patrick Blethon Fired From Saur, Five Days After Its Sale Was Called Off? On October 7, Saur announced that Patrick Blethon was leaving with immediate effect, after nearly seven years leading France's third-largest water company. In June, Menno Holterman and the Nijhuis executive team had already been pushed out, and on October 2, EQT had reportedly dropped its plan to reduce its stake. So I went through what Patrick and Menno built, how...
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B2 · Upper-intermediate
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- 164 words a minute: natural, fairly fast speech.
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insiders reported that Soar's owners and in the first role the investment firm Equity
the industrial site to improve before selling that as well.
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Is this episode right for you?
B2 · Upper-intermediate
Comfortable if you already follow TV news
- 71% of the words are B1 or easier.
- 164 words a minute: natural, fairly fast speech.
- 227 harder words (B2 and up) in the whole episode.
Transcript
The opening of the episode. The whole transcript is in the player.
harder words (B2+)
On October 7, Soar announced that Patrick Blaeton is leaving the company with immediate effect after nearly seven years the man who led the expansion of France's third largest water service operator is out and according to Insider Whispers he was pushed out in a context of tensions with its shareholders.
Which is just the latest episode in an ongoing saga because back in March specialized financial insiders reported that Soar's owners and in the first role the investment firm Equity had hired Morgan Stanley to explore selling Soar's municipal business while waiting for the industrial site to improve before selling that as well.
Then on October 2, New Whispers reported that equity had abandoned reducing its stake without it being clear if that was out of spite or for strategic reasons and five days later Patrick leaves while Soar says its strategy remains unchanged. And honestly, it would be very short-sighted to narrow that story down to a bad boss or
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