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 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 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 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
GFL Environmental Inc. to sell majority stake in Environmental Services business to Apollo, BC Partners
GFL will retain a CA$1.7 billion equity interest in the business and expects to realize cash proceeds of CA$6.2 billion.
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.
GFL To Sell Environmental Services Business To Apollo Funds, BC For C$8 Bln
GFL Environmental Inc. (GFL), a Canadian waste management firm, announced on Tuesday that it has inked a deal with funds managed by
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 ...
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LETTERS: Environmental Services needs better way to do quality control
This is absurd because 1) we clean all our items, and 2) we never eat donuts.On Dec. 12 we received a letter from the city’s Environmental Services Department threatening to take our bin away ...
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House taps new chairs for ESG, insurance issues
Reps. Dan Meuser and Mike Flood will lead Financial Services subcommittees with potential to set environmental policy.
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 ...
Culver, Yaw tapped to lead state Senate committees on education, environmental resources and energy
Union/Clinton, Agriculture & Rural Affairs, Health, Intergovernmental Affairs & Operations, Judiciary Rep. Jamie Flick, R-Union/Lycoming: Children & Youth, Environmental & Natural Resource Protection, ...
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 ...
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SEMARNAT Announces the Environmental Electronic Platform and its Operation in Mexico
Mexico’s Ministry of Environment and Natural Resources (Secretaría de Medio Ambiente y Recursos Naturales or SEMARNAT) published in the ...