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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 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
Apollo, BC Partners agree to acquire 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 $8 billion including debt.
Canada's GFL to sell environmental services business in $5.6 billion deal
GFL Environmental will sell its environmental services division to Apollo Global Management and BC Partners in a deal valued at C$8 billion ($5.59 billion), the Canadian waste management company said on Tuesday.
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
E&E
3h
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.
2d
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 ...
1d
on MSN
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.
2d
SGS Buys Greenhouse Gas Company Aster Global Environmental Solutions
SGS is buying greenhouse gas company Aster Global Environmental Solutions for an undisclosed sum, expanding its sustainability platform.
6d
on MSN
FCC Environmental Services officially takes over waste pick-up in Buncombe County
BUNCOMBE COUNTY, N.C. (WLOS) — As of Thursday, Jan. 2, FCC Environmental Services has officially taken over waste pick-up in ...
3d
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 ...
JD Supra
21h
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 ...
13d
on MSN
Buncombe County's new garbage contractor works through weekend to swap out carts
Buncombe County's new garbage contractor, FCC Environmental Services will be working through this weekend to finish out the ...
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