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 ...
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 sells Environmental Services business for $8B, retains 44% equity interest. Plans to use $3.75B to repay debt, $2.25B for share buybacks, cutting annual interest by $200M.
(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 ...
$8.0 billion valuation significantly exceeds management's initial expectationsProceeds to be used to repay up to $3.75 billion of debt and for opportunistic share repurchases of up to $2.25 ...
GFL Environmental Inc. has signed a deal to sell a majority interest in its environmental services business to private equity ...
Apollo and BC will each hold a 28% equity stake in the business GFL will retain a 44% equity interest in the environmental services business The transaction is expected to close in the first ...
GFL Environmental has reached an agreement with affiliates of asset management fund Apollo and investment firm BC Partners to sell its environmental services division for $8 billion (approximately ...
Jan 7 (Reuters) - GFL Environmental (GFL.TO), opens new tab 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 ...
GFL will retain a $1.7 billion equity interest in the Environmental Services business and expects to realize cash proceeds from the Transaction of approximately $6.2 billion net of the retained ...
GFL Environmental has reached an agreement to sell its environmental services business in a deal valued at 8 billion Canadian dollars, equivalent to about $5.59 billion, though it would retain an ...