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===Vivendi, Connex and Veolia=== CGE, the ultimate parent company, was later renamed to [[Vivendi]] in 1998, and created [[Veolia Environnement|Vivendi Environnement]] in 1999 to consolidate its environmental divisions including the transport division. Vivendi Environnement was renamed Veolia Environnement in 2003. As a result, the name of CGEA Transport was rebranded ''Connex'' in 1999, adopting the brand that its [[Connex South Central|South Central]] and [[Connex South Eastern|South Eastern]] rail franchises in [[South East England]] had traded under since 1996.<ref>"Connex Expands Throughout the World" ''[[Today's Railways Europe]]'' issue 54 June 2000 page 15</ref> In 2005, as a result of global rebranding of all Veolia Environnement subsidiaries, Connex was renamed ''Veolia Transport''.<ref name="history2000">{{Cite web |title=The history of Veolia : 2000 - 2010 |url=https://www.veolia.com/en/veolia-group/profile/history/2000-2010 |url-status=live |archive-url=https://web.archive.org/web/20180129080552/https://www.veolia.com/en/veolia-group/profile/history/2000-2010 |archive-date=29 January 2018 |access-date=29 January 2018 |publisher=Veolia}}</ref><ref>"Connex is dead, long live Veolia" ''Today's Railways Europe'' issue 123 March 2006 page 11</ref> Some operations such as [[Connex Melbourne]] retained the Connex name and logo. In 2007, the group posted revenues of €5.6 billion,<ref>[http://www.veolia-transport.com/en/company/ "Veolia Transport | Public transportation and freight services"] {{webarchive |url=https://web.archive.org/web/20090430050106/http://www.veolia-transport.com/en/company/ |date=April 30, 2009 }}.</ref> and sold [[Veolia Cargo]], the rail freight branch of Veolia Transport in 2009 to [[SNCF]] and [[Getlink|Eurotunnel]].<ref name="ac">[http://www.geodis.com/file/communique/pj/66/8f/50/83/sncf_geodis_eurotunnel_uk8004550541640404789.pdf SNCF and Eurotunnel acquire Veolia Cargo] {{webarchive |url=https://web.archive.org/web/20160303230929/http://www.geodis.com/file/communique/pj/66/8f/50/83/sncf_geodis_eurotunnel_uk8004550541640404789.pdf |date=March 3, 2016 }} via ''www.geodis.com''</ref> A merger between Veolia Transport and [[Transdev (historic)|the old Transdev]] was announced on 23 July 2009.<ref>[http://www.veolia-transport.com/en/medias/press-releases/Transdev-Veolia-Transport.htm Merger of Veolia Transport and Transdev] {{webarchive |url=https://web.archive.org/web/20120315033645/http://www.veolia-transport.com/en/medias/press-releases/Transdev-Veolia-Transport.htm |date=March 15, 2012 }}</ref> Transdev was then a subsidiary of [[Caisse des Dépôts]]. The merger was completed in March 2011. Veolia Transdev became the world's private-sector leader in sustainable mobility with more than 110,000 employees in 28 countries.<ref>{{Cite press release |title=Veolia Transdev |date=2011-03-03 |publisher=Veolia |url=http://www.finance.veolia.com/551-en.html/ |access-date=2011-12-27 |archive-url=https://web.archive.org/web/20110318110121/http://www.finance.veolia.com/551-en.html |archive-date=2011-03-18 |url-status=dead}}</ref> Veolia Transdev was renamed and simplified to Transdev in 2013. In July 2011, amid disappointing financial results, Veolia Environnement announced the launch of new restructuring plans and redeployment of assets and businesses.<ref>{{Cite press release |title=Restructing |date=2011-07-29 |publisher=Veolia |url=http://www.finance.veolia.com/642-en.html/ |access-date=2011-12-27 |archive-url=https://web.archive.org/web/20160305222817/http://www.finance.veolia.com/642-en.html |archive-date=2016-03-05 |url-status=dead}}</ref> In December 2011, Veolia announced a €5bn divestment program in 2012 and 2013.<ref>{{Cite web |date=2011-12-06 |title=Investor Day 2011 |url=http://www.finance.veolia.com/docs/Presentation-Investor-Day-2011-en.pdf |url-status=dead |archive-url=https://web.archive.org/web/20120303065231/http://www.finance.veolia.com/docs/Presentation-Investor-Day-2011-en.pdf |archive-date=2012-03-03 |access-date=2011-12-27}}</ref> As part of this programme, Veolia would divest its participation in Transdev and exit the transport business altogether. In January 2019, Veolia sold the last of its Transdev shares to the Rethmann Group, the owner of [[Rhenus (company)|Rhenus]].<ref>[https://www.railwaygazette.com/news/business/single-view/view/veolia-out-of-transport-as-rethmann-acquires-transdev-stake-1.html Veolia out of transport as Rethmann acquires Transdev stake] ''[[Railway Gazette International]]'' 11 January 2019</ref>
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