(Adds details from AFR report, background on takeover bid from Veolia)
March 4 (Reuters) - Australia's Cleanaway Waste Management (CWY) said on Thursday it had expressed interest in buying the local assets of waste and water management firm Suez SEVI.PA should the French company pursue a sale of the business.
Responding to a media report, the Melbourne-based firm said in a statement there was no certainty that the talks with Suez would lead to a deal for its Australian waste management assets.
Suez did not immediately respond to a Reuters request for comment.
The Australian Financial Review's Street Talk column on Thursday reported that talks between the two companies had advanced for a deal worth more than A$2 billion ($1.56 billion), citing sources.
The Paris-based firm last week rejected an 11.3 billion euros ($13.62 billion) takeover bid by domestic rival Veolia VIE.PA , saying that the offer threatened its corporate interests and did not bring clear benefits in areas such as innovation.
($1 = 1.2862 Australian dollars)
($1 = 0.8299 euros)
News: CWY UPDATE 1-Australia's Cleanaway Waste Management in talks to buy Suez's local assets
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