Apollo, BC Partners Near Deal for $5.6 Billion GFL Environmental Services Unit
Apollo Global Management Inc. and BC Partners agreed to acquire a controlling stake in GFL Environmental Inc.’s environmental services unit, in a deal that values the business at C$8 billion ($5.6 billion) including debt.
GFL Environmental to Sell Environmental Services Business in $5.6 Billion Deal
The Canadian company will retain an equity interest as part of a deal with funds managed by affiliates of Apollo and BC Partners.
GFL Environmental to sell Environmental Services unit in C$8B deal
GFL Environmental (NYSE:GFL) said it will sell its Environmental Services business to funds managed by affiliates of Apollo (NYSE:APO) and BC Partners, for an enterprise value of C$8 billion deal. The firm will retain a C$1.
GFL sells environmental services unit to pay down debt, but deal complicates end goal
The waste management giant can use cash proceeds from the sale to Apollo and BC Partners to pay down its existing debt, but the complex transaction will add new debt
GFL Environmental to sell majority of Environmental Services business for $6.2B
GFL Environmental (GFL) announced that it has entered into a definitive agreement with funds managed by affiliates of Apollo (APO) and BC
Canada's GFL sells environmental services business in $5.6 billion deal to cut debt
By Anshuman Tripathy (Reuters) -GFL Environmental said on Tuesday it would sell its environmental services division in a deal valued at C$8 billion ($5.59 billion), as the Canadian waste management company aims to pare debt and buy back shares.
New waste service sparks nearly 400 complaints in first week; Buncombe County responds
At least 1% of Buncombe County's new waste management service customers called to complain about their service in the first ...
Several Maryland lead-paint inspections deemed invalid amid lawsuit against contractor
Maryland's Department of the Environment (MDE) is suing a Baltimore-based company for allegedly using radioactive materials ...
Some Legislators Unhappy With Proposed Site For New Oʻahu Landfill
Other lands on Oʻahu that are off-limits for a landfill include areas near airports and coastlines vulnerable to tsunamis.
Bilfinger: Attractive Even In A More Uncertain German Industrials Environment
Bilfinger (BFLBF) is well-positioned to benefit from strong secular trends. Read more to see why I rate the stock a buy.
Federal agencies to revise environmental study for Columbia River Basin dam operations
Environmental advocates say the previous 2020 study was flawed, and a revision would help restore and prevent extinction of ...
Austin selects delivery partner to lead light rail construction
Infrastructure firm AECOM will work with the Austin Transit Partnership to construct and deliver the first phase of light ...
New South Carolina environmental resource educates about Lowcountry coast
The South Carolina Department of Environmental Services has launched a new resource to give people a better look at the vulnerable parts of the Lowcountry’s coast.
Environmental and Facilities Services Q3 Earnings: Aris Water (NYSE:ARIS) is the Best in the Biz
Earnings results often indicate what direction a company will take in the months ahead. With Q3 behind us, let’s have a look ...